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Sunday, November 10, 2013

The Trans-Pacific Partnership Agreement (TPPA): When Foreign Investors Sue the State | Global Research

The Trans-Pacific Partnership Agreement (TPPA): When Foreign Investors Sue the State | Global Research:

 "In most US free trade agreements (FTAs) with investor-state dispute provisions, the tribunal most mentioned is the International Centre for Settlement of Investment Disputes (ICSID), an arbitration court hosted by the World Bank in Washington.

ISDS would be a powerful system for enforcing the rules of the TPPA, which is currently being negotiated by the US and 11 other Pacific Rim countries. Any foreign investor from TPPA countries can take up a case claiming that the government has not met its relevant TPPA obligations."