4 ms·
These ISDS entities only have teeth because of international trade agreements. Presumably the country that refused to pay the settlement would be in violation o
by CameronNemo 4y ago
These ISDS entities only have teeth because of international trade agreements. Presumably the country that refused to pay the settlement would be in violation of the trade agreement, and would see immediate sanctions/tariffs.
- gowld 4y agoA country would only see sanctions if it harmed a foreign powerful country. When multinational companies are suing multiple countries, there's no incentive for the countries to sanction each other. ISDS provides barely-plausible deniability for giveaways from governments to billionaires.