[A2k] EU Commission set to betray us with ISDS
ante at ffii.org
Wed Jan 22 06:00:32 PST 2014
EU Commission set to betray us with ISDS
January 22, 2014
Faced with massive critique, the European Commission announced a
consultation on investor-to-state dispute settlement (ISDS).
ISDS gives multinationals the right to sue states before special
tribunals if changes in law may lead to lower profits than
expected. Multinationals can challenge reform of copyright and
patent law, challenge environmental and health policies.
The Commission even announced the publication of a proposed EU
text. That seems a step forward.
But a diplomatic source told EU Trade Insights that other trade
deals are unlikely to change. For instance the trade agreement
with Canada also contains ISDS.
So the Commission will hold a consultation on ISDS that will
attract the attention, and secretly advance ISDS in other
All ISDS negotiations will have to put on hold.
Let’s not forget: ISDS is not acceptable in the agreement with
the US, not acceptable in the agreement with Canada, not
acceptable in the agreement with Singapore, not acceptable in
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