Cyprus – Agreement between the Government of Malta and the Government of the the Republic of Cyprus for the Promotion and reciprocal protection of investments
Country/Organisation
Cyprus
Signed
Signed
Signed Date
09/09/2002
Ratified
Ratified
Ratified Date
17/10/2003
Entry into force
[ Not Applicable ]
Entry into force Date
31/10/2003
Current Legal Status
Effective
Type
Memorandum of Understanding
The ECJ decision on the Achmea vs Slovak Republic case (C 284/16) ruled that arbitral investment clauses in that intra-EU Bilateral Investment Treaties are contrary to EU law. Malta together with Cyprus have ratified the Agreement for the Termination of Bilateral Investment Treaties between the Member States of the European Union, which was signed in Brussels on 5 May 2020.