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.
Ce rapport rassemble 10 affaires récentes d’arbitrage entre investisseurs et Etats (ISDS), qui montrent pourquoi le mécanisme, et son relookage par copier-coller préconisé par l’Union européenne, devrait être supprimé de tout accord international.