Impidamos que las transnacionales se beneficien de la pandemia. Pongamos fin al ISDS.
Summary
The statement warns that the Investor-State Dispute Settlement (ISDS) system allows foreign companies to sue governments for economic losses resulting from public interest measures, such as pandemic-related business closures or the use of private hospitals. It calls for the suspension of current ISDS cases, the termination of trade treaties containing ISDS clauses, and a moratorium on future agreements including the system to ensure public funds are used for pandemic protection rather than corporate compensation.
Key insights
- The Investor-State Dispute Settlement (ISDS) system, found in many trade treaties, may pressure governments to reverse public interest measures or pay millions in compensation to corporations for losses caused by pandemic responses, including business closures, the use of private hospitals, debt restructuring, and efforts to make medicines and tests affordable.
- Over 600 civil society organizations globally are demanding three specific actions: the suspension of all current ISDS cases during the COVID crisis, the termination of trade treaties with ISDS clauses, and the suspension of signing any future agreements that include the ISDS system.
Cite the original document
- APA
- admin (2020). Impidamos que las transnacionales se beneficien de la pandemia. Pongamos fin al ISDS. Friends of the Earth International. https://www.foei.org/es/impidamos-que-las-transnacionales-se-beneficien-de-la-pandemia-pongamos-fin-al-isds/
- Chicago
- admin. Impidamos que las transnacionales se beneficien de la pandemia. Pongamos fin al ISDS. Friends of the Earth International, 2020. https://www.foei.org/es/impidamos-que-las-transnacionales-se-beneficien-de-la-pandemia-pongamos-fin-al-isds/.
- Wikipedia
- {{cite press release |last1=admin |title=Impidamos que las transnacionales se beneficien de la pandemia. Pongamos fin al ISDS. |publisher=Friends of the Earth International |date=19 October 2020 |url=https://www.foei.org/es/impidamos-que-las-transnacionales-se-beneficien-de-la-pandemia-pongamos-fin-al-isds/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2020impidamos, author = {admin}, title = {{Impidamos que las transnacionales se beneficien de la pandemia. Pongamos fin al ISDS.}}, publisher = {Friends of the Earth International}, year = {2020}, month = oct, url = {https://www.foei.org/es/impidamos-que-las-transnacionales-se-beneficien-de-la-pandemia-pongamos-fin-al-isds/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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