EU Proposal To Reform ISDS Falls Flat For Proponents, Critics Alike

A new proposal by the European Commission to reshape its approach on investment protection in a trade deal with the United States is facing criticism both from advocates of investor rights who say it would undermine the utility of investor-state dispute settlement (ISDS) and critics who say it does not go far enough. The 12-page paper released May 5 expands upon four general areas that EU Trade Commissioner Cecilia Malmstrom said in January the commission wanted to focus on in...