21Jan
EU and China Reach Landmark Agreement in Principle on Investment
On 30 December 2020, the EU and China concluded in principle the negotiations for a wide-ranging investment treaty, the Comprehensive Agreement on Investment ("CAI"), after seven years of discussions. The CAI is expected to replace the existing bilateral investment treaties ("BITs") between China and EU Member States. It is intended to go far beyond investment protection to also cover market access, investment-related sustainable development, and level playing field issues. Both sides are now...
By:
Jones Day
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