One of the objectives of the Union of South-American Nations (UNASUR) is the creation of a regional dispute settlement centre to replace the International Centre for the Settlement of Investment Disputes (ICSID).
On Canada’s insistance, India is expected to sign a bilateral investment treaty (BIT) with Canada based on an old text, not its new model BIT. The old text contains contentious provisions such as the investor-state dispute settlement mechanism.
The EU-US free trade deal is controversial in Europe as it includes a mechanism that seeks to settle disputes between investors and states out of regular courts. DW examines the issue with law professor Gus Van Harten.