Switzerland Adopts Measures Against Russian ISDS Claims
Switzerland has followed the European Union in implementing measures to block "illegitimate" investment treaty claims from Russian parties related to sanctions. This decision comes a month after Switzerland announced it would remove Russian investors' protections under the Energy Charter Treaty.
"Switzerland has followed the EU in adopting measures to combat ‘illegitimate’ investment treaty claims by Russian parties relating to sanctions."
Context and Implications
This move aligns Switzerland with the EU's stance, aimed at preventing Russian investors from using international investment dispute settlement (ISDS) mechanisms to challenge sanctions imposed due to geopolitical conflicts.
Access to Information
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Author's summary: Switzerland has joined the EU in blocking Russian investors' ISDS claims tied to sanctions, cutting protections under the Energy Charter Treaty to prevent misuse of investment disputes.