European Commission – Press release
Brussels, 16 September 2015
The European Commission has approved its proposal for a new and transparent system for resolving disputes between investors and states – the Investment Court System.
Sourced through Scoop.it from: europa.eu
# … ! keep in mind the acronyms:
#ICS: Invested Court System, a "…public Investment Court System composed of a first instance Tribunal and an Appeal Tribunal…"
( http://europa.eu/rapid/press-release_IP-15-5651_en.htm )
#ISDS: Investor-State Dispute Settlement, that "… infringes governments’ sovereignty and is biased in favor of investors…"
( http://americastradepolicy.com/investor-state-dispute-settlement-promotes-american-values/ )
# ! Which one do You think is fairer?
# ! #Companies driven #decisions or
# ! #Courts supervised #agreements…?