While the agreements include several ethical systems, the
perceived atmosphere is very important for most of the unions
and the agreements approved in them and it affects the ethical
behavior of investors, because sometimes in the way of
implementing capital agreements We are facing many
problems before the third governments and even among the
members, which must be solved correctly and in the correct
ethical and legal frameworks. After the implementation of the
Lisbon Treaty and the extension of the Union's jurisdiction to
the field of foreign investment, due to the conflict of
investment agreements with the Union's regulations, the
European Union faced many problems with third governments
and even among the members. The union tried to solve its
problems with third countries through a letter of approval and
provided the basis for the continuation of their moral validity;
But in the case of agreements between members, the emphasis
of the union is mainly on the conclusion of these agreements.
On the other hand, by referring disputes to international
arbitration courts and issuing judgments of these courts based
on international law and not on Union regulations, this caused
the Union to protest. In fact, the European Court's approach
based on the priority of Union rights over international laws
will have an effect on the ability of investors to file lawsuits
and follow the correct moral style in terms of pursuing their
rights towards member states. Although even with the recent
decision of the European Court, bilateral agreements will still
be valid according to international law and arbitration courts
can be formed based on them; However, it will cause a serious
disruption in the implementation of the issued votes. The
courts of the union members can consider this decision of the
court in the form of an extended interpretation of public
violation, disobey the right moral path and refuse to implement
the decision and invalidate the arbitration decision, which is
also contrary to the principle of good faith. It is towards
foreign investoَrs and it is far from moral dignity in the way of
implementing laws.