investor-state disputes | ISDS

Investor-state dispute settlement (ISDS) refers to a way of handling conflicts under international investment agreements whereby companies from one party are allowed to sue the government of another party. This means they can file a complaint and seek compensation for damages. Many BITs and investment chapters of FTAs allow for this if the investor’s expectation of a profit has been negatively affected by some action that the host government took, such as changing a policy. The dispute is normally handled not in a public court but through a private abritration panel. The usual venues where these proceedings take place are the International Centre for Settlement of Investment Disputes (World Bank), the International Chamber of Commerce, the United Nations Commission on International Trade Law or the International Court of Justice.

ISDS is a hot topic right now because it is being challenged very strongly by concerned citizens in the context of the EU-US TTIP negotiations, the TransPacific Partnership talks and the CETA deal between Canada and the EU.

Saskia Bricmont | 25-Jan-2023
La déclaration en voulant clarifier les choses crée de nouvelles zones de flou et, en définitive, tout dépend de la conception que les arbitres devant régler un différend précis se font du lien entre la transition et la protection des investissements.
Euractiv | 25-Jan-2023
Since October 2022, seven EU member states have announced plans to withdraw from the European Charter Treaty. Across the board, the message is clear: the insufficient and potentially climate-damaging treaty reform effort is no longer a politically viable option.
El Economista | 24-Jan-2023
La USTR dijo que funcionarios estadounidenses continúan trabajando con sus homólogos mexicanos para abordar las “graves preocupaciones” con las políticas de biotecnología de México.
Telecompaper | 24-Jan-2023
The US-based company Providence Equity Partners claims that certain actions by national public service regulator SPRK indicate a possible violation of the bilateral investment agreement between the US and Latvian governments.
EJIL: Talk! | 23-Jan-2023
The way in which the reasoning of the Rockhopper award expels any environmental considerations has the effect of making climate change interventions considerably more costly
Open Democracy | 23-Jan-2023
The treaty allows fossil fuel companies to sue governments for taking climate change action. It must go.
The Conversation | 23-Jan-2023
A relatively new strategy for China is to challenge national security decisions before international tribunals using a method called investor-state dispute settlement.
El Diario.es | 20-Jan-2023
La filial de la compañía española había realizado provisiones para cubrir este caso, que se remonta a hace dos décadas, que rondaban los 790 millones de euros
Public Citizen | 20-Jan-2023
The State Department requested the $15 billion case be thrown out on jurisdictional grounds, as President Joe Biden revoked the permit for the pipeline on his first day in office, long after the US-Mexico Canada Agreement was in effect.
The Daily Star | 20-Jan-2023
The Consumers Association of Bangladesh (CAB) submitted a petition, signed by 25,720 persons, urging the energy ministry for not signing the Energy Charter Treaty as the signing of the treaty will affect the public interest and the nation’s energy sector.