ISDS Case Map
Germany
The short-sighted German-driven agreement betrays the European project and poses a major economic and political problem for the rest of the West.
Vattenfall will get 1.606 billion euros and agreed to end pursuing a separate damages claim in the World Bank’s ICSID arbitration tribunal.
RWE has filed an arbitration claim against the Netherlands, seeking compensation for the Dutch decision to phase-out electricity production from coal by 2030.
German industry group BDI wants the EU to ban localization requirements and other limits to the free flow of data across borders.
A lawsuit by Vattenfall is also still pending before the International Centre for Settlement of Investment Disputes (ICSID), concerning several billion euros for the permanent closure of Krümmel and Brunsbüttel.
The German government writes that around 21.7 million euros have been spent on lawyers, expert witnesses and court fees.
The European Union wants to speed up negotiations with China on an investment protection agreement, said German Chancellor Angela Merkel.
Berlin wants to diversify its relations, position itself more broadly, conclude further free trade agreements – also in order to no longer be so dependent on Beijing.
The Association of German Chambers of Industry and Commerce defended the agreement as it “could provide the urgently needed boost to the economy, during the current crisis.”
German Chancellor Angela Merkel expressed "significant doubts" over the EU-Mercosur free trade deal on concerns over the devastating deforestation of the Amazon rainforest.
