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.

El Sol de México | 26-May-2022
Desde noviembre del 2020 y hasta marzo del 2022, se registraron controversias entre México y Estados Unidos; Estados Unidos y Canadá, México y Canadá.
bilaterals.org | 26-May-2022
Interview with Chilean activist Lucía Sepúlveda Ruiz.
bilaterals.org | 24-May-2022
Entrevista con la activista chilena Lucía Sepúlveda Ruiz
Global Justice Now | 23-May-2022
UK government urged to exit controversial Energy Charter Treaty, dubbed ‘the fossil fuel industry’s secret weapon’.
The Irish Times | 20-May-2022
The Irish Government could come under further pressure in the autumn with a Supreme Court judgment on a legal challenge to the EU-Canada trade deal expected soon.
The Hindu | 20-May-2022
Ras Al-Khaimah Investment Authority’s claim that non-supply of bauxite from Visakhapatnam was in breach of the Bilateral Investment Treaty between India and the UAE was dismissed by the International Dispute Resolution Centre.
Ecologistas en Acción | 20-May-2022
Amigos de la Tierra, Ecologistas en Acción, Greenpeace, SEO/BirdLife y WWF han enviado una carta al Gobierno español pidiendo el abandono inmediato del Tratado de la Carta de la Energía.
Tunisie Numérique | 20-May-2022
La Tunisie a omis de régler son dernier paiement au tribunal arbitral de la Banque mondiale, devant lequel elle risque d’être condamnée à verser plusieurs centaines de millions de dollars de dédommagement à ABCI.
Salisbury Journal | 19-May-2022
Protestors will be gathering to march to the Rockhopper Exploration headquarters. The company is suing the Italian government for £236 million due to its refusal to allow oil drilling off the Adriatic Coast.
Brig Newspaper | 19-May-2022
Global Justice Stirling is holding a rally against corporate courts in front of Buchanan Galleries in Glasgow.

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