Czech Republic – Agreement between Malta and the Czech Republic for the promotion and reciprocal protection of investments
Country/Organisation
Czech Republic
Signed
Signed
Signed Date
09/04/2002
Ratified
Ratified
Ratified Date
09/10/2002
Entry into force
In force
Entry into force Date
09/07/2003
Current Legal Status
No longer in force
Type
Memorandum of Understanding
Following the ECJ decision on the Achmea vs Slovak Republic case (C 284/16) that ruled that arbitral investment clauses in that intra-EU Bilateral Investment Treaties are contrary to EU law, Malta together with the other EU Member States have taken a commitment to terminate their intra-EU BITs, as per ‘Declaration of the Member States of 15 January 2019 on the legal consequences of the Achmea judgment and on investment protection’.