Italy-Agreement between Government of Malta and Government Italian Republic on promotion and protection of investments
Country/Organisation
Italy
Signed
Signed
Signed Date
20/12/2002
Ratified
Ratified
Ratified Date
05/02/2003
Entry into force
[ Not Applicable ]
Entry into force Date
Current Legal Status
Not yet in force
Type
Memorandum of Understanding
Files
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’.