By Jared Angle
BRUSSELS — Much of the recent debate over European Union trade negotiations, specifically regarding transatlantic trade agreements with Canada and the United States, has fixated on the inclusion of investor-state dispute settlement, commonly known as ISDS.
Incoming Trade Commissioner Cecilia Malmström said Sept. 29 that the ISDS chapter of TTIP negotiations is currently frozen, and will be revisited at a later date.
Outgoing Trade Commissioner Karel de Gucht initially stripped ISDS from TTIP negotiations due to German resistance to the legal mechanism, but he insists that ISDS is a crucial investment protection tool that belongs in a finalized version of TTIP, according to Martina Ferracane, a policy analyst at the European Centre for International Political Economy (ECIPE), a think tank based in Brussels.
Continue reading “The role of ISDS in contemporary EU trade agreements”