Research Paper Number

19/2015

View the research paper on SSRN here.

Document Type

Article

Publication Date

2015

Keywords

ISDS, CETA, TTIP, Germany, Ministry of Economic Affairs and Energy

Abstract

These notes provide a general reaction to a proposal by the German economy and energy ministry for ISDS in a treaty between Europe and the U.S. Overall, the proposal takes only a minority of the steps needed to make ISDS independent, fair, open, subsidiary, and balanced. I suggest that the appropriate approach remains to reject ISDS in new treaties (especially among Western developed countries). The proposal would be a good starting point for replacing ISDS in existing treaties with developing or transition countries – but that is clearly not its purpose.

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