Switzerland Adopts Measures Against Russian ISDS Claims
Switzerland has followed the European Union by implementing measures to counteract “illegitimate” investment treaty claims made by Russian parties related to sanctions. This follows their recent decision to deny Russian investors protections under the Energy Charter Treaty.
Switzerland announced it would deny Russian investors the protections of the Energy Charter Treaty.
This move aligns Switzerland with the EU's stance on restricting investment protections in response to geopolitical tensions and sanctions.
Background and Context
- The measures come a month after Switzerland's initial announcement regarding Russian investors.
- The Energy Charter Treaty historically offered protections to foreign investors but is now being restricted in this context.
Additional Information
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Author's summary: Switzerland has joined the EU in restricting Russian investment treaty claims, reflecting growing regulatory coordination amid sanction-related disputes.
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