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You are aware that ISDS already exist and have been a part of trade deals for at least 20 years? TTIP may extend these rights, and it certainly should be negot
by pathy 11y ago
You are aware that ISDS already exist and have been a part of trade deals for at least 20 years?
TTIP may extend these rights, and it certainly should be negotiated in such a secretive way, but the ISDS provisions are nothing particularly new. ISDS exist because national courts are not always unbiased, and may unduly favour the host nation.
- amirmc 11y ago> "ISDS exist because national courts are not always unbiased, and may unduly favour the host nation." As opposed to favouring ... what, exactly?
- gpvos 11y ago> You are aware that ISDS already exist and have been a part of trade deals for at least 20 years? Yes, I recently learned that, too. I find it shocking. I can understand it somewhat when dealing with underdeveloped and corrupt countries, but even then I'm not sure it would be the best way. But most countries involved in this treaty have a well-functioning and reasonably fair court system. A secretive arbitration system is no improvement.
- rbehrends 11y ago> You are aware that ISDS already exist and have been a part of trade deals for at least 20 years? Yes, and it has created its share of problems already. Which is exactly why a lot of people are concerned; i.e. because it is known to not just be a hypothetical issue.
- Nursie 11y agoI am aware that such things exist already, yes, and I disagree with their existence at all. Extending their reach, as you may gather, is not something I'm in favour of. I don't really care why ISDS exist, it's a dilution of democracy and national sovereignty.
- lordfoom 11y agoI live in South Africa, which is currently renegotiating or terminating all such treaties because we've discovered first hand that it allows corporations to evade or set government policy. Just because it isn't new doesn't mean we should shrug and accept it.
- rylee 11y ago>and it certainly should be negotiated in such a secretive way But why?