Public Interest Norms in the European International Investment Policy: A Shattered Hope?

Abstract

Through the Lisbon Treaty, the EU acquired exclusive competence over foreign direct investment (FDI). Hence, the EU began to form the EU Investment Policy, which, among other issues, attempts to regulate on Bilateral Investment Treaties (BITs). This article addresses the role of public interest norms in the framework of BITs in the context of the emerging EU Investment Policy.