Empêcher les entreprises de profiter de la pandémie : Stop ISDS!
Summary
The statement warns that ISDS mechanisms in trade agreements allow foreign companies to sue governments for financial losses resulting from COVID-19 response measures, such as business closures or medicine price controls. It calls for the suspension of current ISDS cases and the termination of all agreements containing these clauses.
Key insights
- The Investor-State Dispute Settlement (ISDS) system allows foreign companies to sue governments in arbitral tribunals for policies that negatively impact their profits, potentially forcing governments to cancel public interest measures or pay millions in compensation.
- Specific COVID-19 responses that could trigger ISDS lawsuits include business closures, the use of private hospitals, making tests and medicines affordable, and debt restructuring.
- Over 600 civil society organizations are demanding the suspension of all ongoing ISDS cases during the COVID-19 crisis, the termination of existing agreements containing ISDS, and a commitment to not sign future agreements that include ISDS.
Cite the original document
- APA
- admin (2020). Empêcher les entreprises de profiter de la pandémie : Stop ISDS! Friends of the Earth International. https://www.foei.org/fr/empecher-les-entreprises-de-profiter-de-la-pandemie-stop-isds/
- Chicago
- admin. Empêcher les entreprises de profiter de la pandémie : Stop ISDS! Friends of the Earth International, 2020. https://www.foei.org/fr/empecher-les-entreprises-de-profiter-de-la-pandemie-stop-isds/.
- Wikipedia
- {{cite press release |last1=admin |title=Empêcher les entreprises de profiter de la pandémie : Stop ISDS! |publisher=Friends of the Earth International |date=19 October 2020 |url=https://www.foei.org/fr/empecher-les-entreprises-de-profiter-de-la-pandemie-stop-isds/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2020empcher, author = {admin}, title = {{Empêcher les entreprises de profiter de la pandémie : Stop ISDS!}}, publisher = {Friends of the Earth International}, year = {2020}, month = oct, url = {https://www.foei.org/fr/empecher-les-entreprises-de-profiter-de-la-pandemie-stop-isds/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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