CETD lead researcher Armand de Mestral has written a paper for Columbia FDI Perspectives. 聽His paper entitled “Is A Model EU Bilateral Investment Treaty (BIT) Possible-or Even Desirable?” 聽is reprinted here and is also available .
The Treaty on the Functioning of the European Union (TFEU), which entered into force on December 1, 2009, extends the Common Commercial Policy (CCP) articles 206 and 207 to embrace 鈥渇oreign direct investment.鈥 This raises the question of whether the EU is now in a position to adopt a model BIT articulating a common policy on foreign Direct investment (FDI).