Summary: The termination agreement implements the March 2018 European Court of Justice judgment (Achmea case), where the Court found that investor-State arbitration clauses in intra-EU bilateral investment treaties (“intra-EU BITs”) are incompatible with the EU Treaties.
Signed: 05/05/2020
Sanctioned and promulgated: 26/11/2021
Entry into force: 26/08/2022