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

 

 

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’.​