ISDS has been so heavily criticised in the ongoing TTIP negotiations that the European Commission launched a public consultation on the matter. Including the ISDS clause in CETA creates facts and precedents before the consultation ends in July. This is even more stunning as the consultation text is largely based on what is in CETA.
The European Consumer Organisation is concerned that if a CETA deal is sealed including an ISDS clause before the public consultation concludes, it might serve as a Trojan horse for US firms to use their Canadian affiliates to file ISDS claims in Europe.
We urge the Commission and Member States not to rush into finalising the trade talks with Canada until the ISDS issue in TTIP has been resolved.
Via Svend Aage Christensen