
CEO, TNI, FOEE and FOEI | 24 June 2019
New research shows public interest damage caused by corporate justice
Amsterdam, Brussels (June 24, 2019) — New research published today reveals the devastating consequences of the controversial Investor-State Dispute Settlement (ISDS) system. A common ingredient in international trade and investment agreements, ISDS creates a parallel justice system that rolls out the red carpet for corporations to sue states when they act in the public interest. Red carpet courts: 10 stories of how the rich and powerful hijacked justice, by Corporate Europe Observatory, the Transnational Institute and Friends of the Earth Europe/International, gathers 10 recent cases from around the world that show why ISDS and its copy-paste rebranding pushed by the EU have no place in any international agreement. The research comes one day before EU member states’ likely approval of a new EU-Vietnam investment agreement, which includes ISDS-style courts (25 June).

A cold brew latte served at one of Ho Chi Minh City’s many specialty coffee shops. Photo by Michael Tatarski for Mongabay.





Hoi An city which was recognized as a World Heritage site by UNESCO is the tenth city to be allowed to experiment with battery-powered electric buses inner city to serve tourists.
