Investment Protection Implications of the EU-UK Trade and Cooperation Agreement (TCA)
On 24 December 2020, the European Union (“EU”) and the United Kingdom (“UK”) agreed a Trade and Cooperation Agreement (the “TCA”), with provisional application from 1 January 2021. Title II of Part Two, Heading One (Trade) of the TCA includes provisions relating to “services and investment”. Yet, the provisions are minimal. In respect of investment protection, the TCA is more notable for what is out than what is in.
This Client Alert provides our short analysis of the TCA’s investment protection provisions. It considers and discusses the TCA’s implications for EU-UK investors and what steps should now be taken by investors to maintain international protection for EU-UK investments.
Please click on the link below to read our Client Alert on this topic.