Thanks to Jude Kirton-Darling MEP for replying to our previous article. No-one could suggest she was capable of doing anything ‘shabby’. We are grateful that it is she, not us, who has to deal with the complex procedures of the European Parliament which she describes. We make several points of substance by way of response.
Investor protection and ISDS
First, the form of investor-state dispute settlement (ISDS) proposed by the European Parliament’s International Trade Committee, whilst an improvement on the original ISDS, is utterly unacceptable. ISDS in that or any other form still gives a unique legal privilege to multinational corporations to sue governments outside the democratically scheme of laws and courts of the EU and its Member States. On this we and Jude appear to be in total agreement. Continue reading