Still not loving ISDS: 10 reasons to oppose investors’ super-rights in EU trade deals | Corporate Europe Observatory
▻http://corporateeurope.org/international-trade/2014/04/still-not-loving-isds-10-reasons-oppose-investors-super-rights-eu-t
▻http://corporateeurope.org/sites/default/files/styles/fullwidth_nocrop/public/corporate-charter.jpg?itok=c2a6eZry
For example, tobacco giant Philip Morris is demanding US$2 billion from Uruguay over health warnings on cigarette packets; Swedish polluter Vattenfall is seeking over US$3.7 billion from Germany following a democratic decision to phase out nuclear energy; and Canadian company Lone Pine is suing Canada via a US-subsidiary for CAN$250 million after the Canadian province of Quebec imposed a moratorium on shale gas extraction (fracking) over environmental concerns.
#TTIP
#ISDS
#investment-treaties
#investor-state dispute settlement
#Transatlantic-Trade-and-Investment-Partnership #TTIP
#CETA
#arbitration