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The Multilateral Investment Court Locking in ISDS

24/11/2017

Corporate power Trade
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24/11/17
MIC 10

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Ten reasons why the EU’s proposal for a Multilateral Investment Court doesn’t fix a fundamentally flawed system

The European Commission is planning to establish a so-called Multilateral Investment Court (MIC), a new international court where corporations can sue governments for laws and regulations that harm their profits. The court is supposed to replace the controversial investor-state dispute settlement (ISDS) mechanism, but we have identified 10 key problems with the new proposal, in which corporations still enjoy unjustified privileges at the expense of people, the environment and our democracy.

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MIC

Investor-State Dispute Settlement is a threat to our collective future

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Friends of the Earth Europe’s materials are co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or CINEA. Neither the European Union nor the granting authority can be held responsible for them.

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