An Unnecessary Tradition – The Origins of Investor State Dispute Settlement (ISDS)

This is a critically important issue. And when the consultation does start (at this point, on 8 March 2014 there is no sign of it on the European Commission website – when does ‘early March’ end in the mind of the European Commission?) it is critically important that we all respond to it. It will be very helpful to have some pointers from QCEA in terms of the key messages we need to give in the consultation. So, I recommend you sign up to their action alerts now. It will enable you to respond to the consultation effectively and with confidence.

The QCEA Blog

The Transatlantic Trade and Investment Partnership (TTIP) is an expansive Free Trade Agreement (FTA) currently being negotiated between the European Union (EU) Commission and the United States of America (US). If negotiations are successful and the deal is ratified by the European Parliament, the agreement would create the world’s largest free trade area, covering over 50% of global trade. TTIP’s backers believe the deal will create economic growth, new jobs, and ultimately more disposable income for citizens on both sides of the Atlantic.

However, since negotiations began in July 2013, TTIP has been repeatedly criticised by civil society and numerous politicians. There has been a range of reasons for this opposition, but the most consistent and vociferous disapproval has focused on the inclusion of an Investor State Dispute Settlement (ISDS) clause. In previous FTAs, ISDSs have provided a mechanism for investors (often large, multi-national corporations)  to take legal action against

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About martinaweitsch

I'm interested in politics and rational political debate which isn't afraid of the facts or the complexities and contradictions inherent in most important issues.
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