The European Commission’s most recent proposal for ISDS reflects a move away from fake reforms to something potentially more meaningful, but it is insufficient and unreliable, says legal expert Gus Van Harten.
Shrouded with secrecy and posing a threat to public services, Owen Tudor tells EurActiv why the UK Trade Union Congress doesn’t believe the hype over TTIP, and why exploitation, rather than immigration, should be the cause of people’s concerns.
The Central American state of El Salvador could be forced to pay US$301 million in damages to an Australian-Canadian mining company, OceanaGold, after the company’s application for a mining license was rejected on the basis of the projected environmental damage it would cause.
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) and the Canadian Labour Congress (CLC) call for an end to ISDS in all pending trade and investment agreements.
Australia’s medicine subsidies, Canadian films and culture, and capital controls in Chile would be carved out from investment protection rules being negotiated in a Pacific trade pact, according to a draft text released by Wikileaks on Wednesday.
A NAFTA arbitration panel has ruled against Canada in a claim by a US company that wanted to develop a quarry in Nova Scotia, although a dissenting member of the panel warned that the decision will be seen as a “remarkable step backwards” in environmental protection.
ExxonMobil and Murphy Oil awarded $17.3 million in damages from Canada in investor-rights dispute over research and training funding in Newfoundland and Labrador.
Studies that promote investor-state dispute settlement (ISDS) have generated misleading numbers and dubious recommendations. Legislators should approach all studies with caution, warns Gus Van Harten.
Today the Socialist and Democrats Group in the European Parliament adopted a very strong position paper on Investor-State Dispute Settlements, opposing the inclusion of the controversial mechanism in trade deals with both the US and Canada.