[Ip-health] Vrijschrift letter: Is ISDS compatible with the EU treaties?
ante at ffii.org
Thu Jan 8 00:53:12 PST 2015
Vrijschrift letter: Is ISDS compatible with the EU treaties?
Is the highly controversial investor-to-state dispute settlement (ISDS) mechanism compatible with the treaties of the European Union? Case law suggests it is not.
Today Vrijschrift has sent a letter on this to the European Parliament Legal Affairs committee. (below and pdf) The European Commission should ascertain that adjudicative systems in trade agreements are compatible with the Treaties.
The European Parliament is working on a resolution on the proposed trade agreement with the US. The committee on International Trade prepares this resolution. Before that, other committees, like the Legal Affairs committee, can formulate opinions, which the trade committee may take into account. The process will end with a plenary vote.
For background see: Do Opinions 1/09 and 2/13 Spell the Death of ISDS in the EU?
TTIP: compatibility of ISDS with the Treaties
Dear Members of the Legal Affairs committee,
We are writing to express our concerns regarding the negotiations on the Transatlantic Trade and Investment Partnership (TTIP). We would like to invite you to call on the Committee on International Trade, as the committee responsible, to incorporate the following suggestions in its motion for a resolution:
Has regard to CJEU Opinions 1/09 and 2/13;
Recalls that the CJEU has exclusive jurisdiction over the definitive interpretation of European Union law; considers that investor-to-state dispute settlement (ISDS) tribunals do not only interpret and apply provisions of the international investment agreements concerned, but frequently interpret local laws; emphasises that the drafts for CETA and EUSFTA, and the ISDS consultation reference text, do not foreclose ISDS tribunals to interpret and apply EU fundamental rights and (general principles of) EU law;
Considers that the CJEU has not yet had the opportunity to define the extent to which its jurisdiction is limited in common foreign and security policy matters (Opinion 2/13, paragraph 251); emphasises that present ISDS plans do not foreclose ISDS tribunals gain competence on issues the CJEU is not competent on (compare CJEU Opinion 2/13 paragraph 254);
Insists that the Commission ascertain that adjudicative systems in trade agreements are compatible with the Treaties;
Insists that the proposed TTIP safeguard the EU’s policy space regarding intellectual property rights.
on behalf of Stichting Vrijschrift,
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