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EU countries set to terminate investment arbitration, Hungary thinks this doesn't refer to Energy Charter

Author: Marija Šestan

ZAGREB, Jan 17 (Hina) - All the 28 member-states of the European Union have undertaken to terminate all bilateral investment treaties within the EU, and a majority have undertaken to take measures so as to ensure that the Energy Charter Treaty can no longer be used as a basis for arbitration, but Hungary is not among them, as Budapest launched arbitration proceedings in the INA-MOL case in Washington based on that charter.

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