The legal analysis is based on the text of the EU-Singapore Investment Protection Agreement (EUSIPA). It reveals that key concerns regarding both procedural and substantive aspects have not been addressed. The agreement, while incorporating some cosmetic changes, actually maintains the old-style investment protection standards and investor-to-state dispute settlement mechanism. EUSIPA thus fails to safeguard human rights, democracy and the rule of law, both in Europe and Singapore.
|Published||February 21, 2019|