Stefanie Schacherer
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The Investment Court System proposed by the European Union
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In an attempt to examine to what extent Africa could take as an example the EU proposal on the reform of investment treaty arbitration, this chapter analyzes the different aspects of the EU Investment Court System (ICS). In this context, the chapter first explores whether the EU ICS is actually innovative and subsequently asks what it would mean if this system were adopted by African States. Finally, it is argued that the EU ICS is likely to provide consistency and coherence, as well as ensuring the independence and impartiality of the Tribunal Members. The chapter ends on a positive note regarding the EU ICS. It is asserted that a regional approach by African States could also integrate broader development concerns in their investment regulations.

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