With the U.S. pushing for ratification of the TPP before the end of President Obama’s term, ISDS has become a major obstacle to TPP ratification, according to some. ISDS (Investor-State Dispute Settlement) is a legal right outlined in the TPP for those who invest in a foreign country. Under this system, a corporation that invests in a foreign country can appeal to an international arbitration panel if that country enacts a law or regulation that, in the view of the investor, could jeopardize their expected future profits.
As indicated in GRAN's Open Letter to Ministers Freeland and Philpott, ISDS is a major area of concern to GRAN. A recent article in The Huffington Post discusses concerns with ISDS and includes hyperlinks to a Huffington Post investigation and a four-part series at BuzzFeed. Read more here.
