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.