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02 November 2017

La Croix: Belgium's new English-language commerce court

The French newspaper La Croix comments on the Belgian government approving the creation of an English-speaking court in Brussels to settle international business disputes between companies after Brexit.

The article describes the court as a Belgian attempt to improve the attractiveness of Brussels in light of Brexit and points out that there is a tough competition from European capitals, which are all eager to attract banks, investors, insurers and companies that are planning to leave London after Brexit. The Belgian government argues that Brussels can only be a hub of international affairs if it can support stakeholders in settling their legal disputes in English, without them having to go overseas or to private arbitration.

The article in French: La Belgique met en place un tribunal de commerce anglophone dans la perspective du Brexit

Sourcing and translation by European Movement International

© La Croix

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