EU-Canada investment protection compatible with EU law finds advocate general

150 150 ioana bere

(29/01/2019) The ECJ’s advocate general finds in an opinion that the Investor State Dispute Settlement (ISDS) mechanism, part of the EU-Canada trade agreement CETA, is compatible with EU law given that the ISDS mechanism would only decide on compensations in case of breaches, while it would be bound by the ECJ’s interpretation of EU law. The ISDS mechanism is accused by campaigns across Europe for putting business above people’s interest. It was also challenged by Belgium over whether it interferes with the exclusive jurisdiction of the ECJ and giving preferential treatment to investors.

See new campaign: “Rights for People, Rules for Corporations – Stop ISDS”

In order to facilitate the use of our website, we use cookies.

Please confirm if you accept our tracking cookies. When declining the cookies, you can continue visiting the website without sending data to third party services. Read our complete cookie statement here.