Mobilize Resist Transform

21/03/17
MIC

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S2B position on the European Commission proposal for a multilateral investor-state dispute settlement (ISDS) mechanism

Globalisation is at a dangerous crossroads. One path leads to stronger protection for human rights and the environment and to regained policy-space for
governments to address climate change, inequality and other pressing issues of our times. The other leads to more rights for corporations to bully decision-makers
and make them pay when they regulate in the interest of the many, not just the few. The European Commission proposal for a multilateral mechanism to settle investorstate disputes (ISDS) – publicly branded as a Multilateral Investment Court – would take us down that second path. It threatens to forever lock-in the highly
controversial ISDS system that only benefits corporations.

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