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notices and features - Date published:
6:16 pm, October 30th, 2015 - 4 comments
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It is heartening and generates hope for me to read of someone like Amelia Telford
http://www.smh.com.au/environment/young-conservationist-of-the-year-amelia-telford-calls-for-the-energy-revolution-ahead-of-paris-climate-conference-20151028-gkl01j.html
“New Zealand open to ditching old ISDS model under NZ – EU trade deal”
Trade Minister Tim Groser says New Zealand has an open mind about replacing traditional investor-state dispute settlement (ISDS) with a new international court-based system proposed by the European Union.
ISDS, sometime called “private justice” has been the most controversial aspect of the Trans Pacific Partnership (TPP) talks involving New Zealand and has been a controversial part of EU talks with the United States (TTIP).
But in September the EU proposed an open international court with appeal processes, that and two weeks ago said it would insist upon the court in other trade negotiations – which now includes New Zealand.”
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11537129
So I guess the TPP has the “old” model of ISDS.
Alfred de Zayas, United Nations Independent Expert on the Promotion of a Democratic and Equitable International Order, is also critical of the EU ISDS.
https://dezayasalfred.wordpress.com/
But if there is no problem/risk with the TPP version of OISDS, then there is no need to drop it. All the rhetoric from Grosser etc assures us that their version is in our best interest.
If Grosser says so I believe him! Nah.
@tautoko
Labour could put forward a policy to legislate to drop the TPP ISDS model in favour of the TTIP model.