This report explains how the European Union is aggressively pursuing special rights for businesses whilst hampering efforts to hold corporations responsible for the human rights violations they commit.
The new European Union proposal for an investment chapter in the TTIP is mostly identical to the draft chapter Brussels released but makes what could be significant changes to how parallel claims are handled and tightens rules on arbitrator conduct.
Professor Gus Van Harten, Osgoode Hall Law School, and Rupert Schlegelmilch, European Commission, Directorate General for Trade discuss the European Commission’s proposed “Investment Court System”.
European Parliament President, Martin Schulz and Chair of the EP’s International Trade Committee, Bernd Lange said they wanted the Investment Court System (ICS) to be also part of the EU free trade agreement with Canada, known as CETA.
The Court of Justice of the EU should assess whether the trade agreement with Singapore is compatible with the EU Treaties and Charter of fundamental rights before it enters into force.
New Zealand has an open mind about replacing traditional investor-state dispute settlement (ISDS) with a new international court-based system proposed by the European Union.