News Column

ISDS - an Indispensable Tool to Protect Investments

May 2, 2014

BRUSSELS, May 2 -- BusinessEurope issued the following news release:

Today, BUSINESSEUROPE adopted a strong position ( in favour of Investor - State Dispute Settlement (ISDS) inclusion in the Transatlantic Trade and Investment Partnership (TTIP) as well as in all other EU free trade agreements.

ISDS is a vital part of investment protection providing for a neutral and fact - based dispute resolution mechanism.

"It is not true that ISDS limits the policy space of States. To the contrary : it helps to establish a balance between the right of States to regulate and the right of investors to be protected under international law. A t BUSINESSEUROPE we are open to well - founded criticism to ISDS and willing to discuss possible ways to improve the mechanism" stated BUSINESSEUROPE President Emma Marcegaglia.

We recall that ISDS is already included in all the 1 , 400 bilateral investment agreements signed by EU member States since the 1960s and the EU itself is party to the Energy Charter Treaty that also includes an ISDS mechanism.

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Source: Targeted News Service

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