Today, DG Trade has released the results of the public consultation into the Investor State Dispute Settlement (ISDS) provision of the proposed Transatlantic Trade & Investment Partnership agreement. Read the results here.
The Trans-Atlantic Business Council and National Association of Manufacturers recently held an event in Brussels entitled “ISDS: A Fact- and Experience-Based Review.” ISDS has long been a feature of international law, supported by both Europe and the United States, but is now the subject of widespread scrutiny and questions by commentators on the Transatlantic Trade and Investment Partnership (TTIP) negotiations. Given the widespread debate and large number of submissions to the European Commission’s public consultation, a fact-based review is essential. In the margins of the release of the consultation results, TABC and NAM today released a detailed summary of the 4 December conference which includes the key points of the panelists, who represented arbitration institutions, academia, business and the UN Commission for Trade Law.