US Trade Representative Robert Lighthizer said that the US wants to opt out of ISDS in NAFTA, because of the risk and costs of US governments being sued by foreign corporations, and despite corporate lobby groups pushing to retain ISDS.
Corporate lobby isolated in its strident defense of the controversial regime that was first inserted into US trade deals with NAFTA and that elevates individual corporations to equal status with nations.
This far-flung peninsula in the North Atlantic seems an unlikely place for an international trade dispute. But an American company’s scuttled plans to build a quarry here have turned these quiet fishing grounds into a case study.
La compañía ha elevado a 1.980 millones de dólares (unos 1.770 millones de euros al cambio actual) el valor del pleito que mantiene ante el Ciadi en el arbitraje que inició contra Perú por el megaproyecto del Gasoducto Sur Peruano (GSP) en aquel país.