Investor-State Dispute Settlement (ISDS)
Investor-State Dispute Settlement (ISDS) is an international arbitration procedure included in bilateral investment treaties to resolve conflicts when one party believes that provisions of a treaty have been breached. ISDS is designed to protect businesses by granting them the ability to sue foreign governments, if the government creates policies or takes action that cause economic harm to the business.
According to the International Institute for Sustainable Development, "Investment treaties allow foreign investors to sue the host state directly through investment arbitration. This is a powerful tool that enables investors to challenge a wide range of government conduct, including environmental and health measures, as well as many other public interest measures."[1]
See also
- Trade adjustment assistance (TAA)
- Trade promotion authority (TPA)
- North American Free Trade Agreement (NAFTA)
- Currency manipulation
- The Trans-Pacific Partnership trade deal: An overview
- The Transatlantic Trade and Investment Partnership
Footnotes
