Glyn Moody about ISDS inclusion in TTIP

“The problem is the inclusion of “investor-state dispute settlement” (ISDS). This began as a perfectly reasonable attempt to ensure that investments in developing countries were not unlawfully expropriated by rogue governments. The idea was that if such an event occurred, and the local government refused to compensate the investor, the latter had recourse to independent international courts that considered the case and awarded damages that could be levied against the government in question in other ways – for example, seizing their assets abroad.” Read more.

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