TPP Investment Leak Reveals Remaining Issues Are ISDS Scope, Capital Flows
A purported text of the Trans-Pacific Partnership (TPP) investment chapter published by Wikileaks reveals that negotiators have reached consensus on nearly all of its provisions except for the scope of the investor-state dispute settlement (ISDS) mechanism and the extent to which signatories would be allowed to restrict capital flows in order to mitigate a financial crisis. On capital controls, negotiators are debating two possible exceptions, one of which could be invoked under narrow conditions and another under broader ones, according...