U.S. Business Reps Fret Over 'Right To Regulate' In EU ISDS Proposal

U.S. business representatives are expressing fear that the European Commission's proposal for reconfiguring investment protection rules in the U.S.-EU trade deal would make it almost impossible for investors to successfully sue governments for failing to treat their investments fairly. Officials from the U.S. Chamber of Commerce and the National Foreign Trade Council (NFTC) last week argued that the proposal appears to give governments an unfettered “right to regulate.” They also said they fear that the proposal will shift the dispute...