ISDS

The European Commission has published today the results of the public consultation on investor-state dispute settlement (ISDS) as part of the US-EU trade negotiations (Transatlantic Trade and Investment Partnership, TTIP). TACD provided substantive comments to this consultation, alongside hundreds of other civil society organisations and over 145,000 citizens. In its press-release the Commission indicates that there will be further consultations with the European Parliament, national governments and other stakeholders before a final decision on whether or not to include ISDS is reached.

Overall, TACD is concerned that the strong sentiment expressed by the citizens opposing ISDS is underestimated, and even dismissed to some extent, as there seems to be no option for getting rid of ISDS in the TTIP in the documents provided by the Commission. Nevertheless, TACD will continue to provide facts-based and meaningful input into this ongoing consultation that will now take place and count on the trade negotiators to ensure balanced participation as well as an open mind to the final decision.

Find a reaction to the European Commission’s analysis of the consultation by the European Consumer Organisation (BEUC) – a TACD member organisation – here.