4 ms·
Edit: parent's post, now deleted, contained something like "What's the alternative, if we want global trade?" (IIRC). Trade agreements without ISDS, obviously.
by tomp 10y ago
Edit: parent's post, now deleted, contained something like "What's the alternative, if we want global trade?" (IIRC).
Trade agreements without ISDS, obviously.
I mean, I recognise why investors might be reluctant to invest in Zimbabve or Vietnam without some guarantees of a "fair" legal process. But I cannot wrap my mind around why mature Western democracies like USA, New Zealand or Italy would ever sign an ISDS - their courts are transparent, not corrupt and fair (for the local understanding of fairness), so investors don't need to fear any risks (well, apart from the risk of doing business in general, that is).