Nueva propuesta de mecanismo de arbitraje para el TTIP: más de lo mismo
Summary
Friends of the Earth International criticizes the European Commission's proposed 'modernization' of the ISDS mechanism in the TTIP, asserting that the new court system fails to address the fundamental issue of granting foreign investors privileges over governments and citizens. The organization argues that such arbitration is unnecessary, as most US-EU investments have historically occurred without it, and that the system undermines democratic regulation of the environment and human rights.
Key insights
- The European Commission's proposal to replace the ISDS with a system of investment and appeal courts is viewed as a superficial change that continues to prioritize foreign investor rights over the interests of society, governments, and domestic investors.
- The proposed arbitration mechanism is deemed unnecessary because the vast majority of multi-billion dollar investments between the US and the EU have taken place without ISDS, with less than 10% currently covered by such mechanisms.
- The arbitration system is criticized for being unidirectional, allowing foreign companies to sue governments for legislation favoring social or environmental interests, while governments and affected communities lack the power to sue companies in these courts.
- The European Commission's proposal ignores a January 2015 public consultation in which over 97% of respondents opposed the ISDS system.
Cite the original document
- APA
- admin (2015). Nueva propuesta de mecanismo de arbitraje para el TTIP: más de lo mismo. Friends of the Earth International. https://www.foei.org/es/nueva-propuesta-de-mecanismo-de-arbitraje-para-el-ttip-mas-de-lo-mismo/
- Chicago
- admin. Nueva propuesta de mecanismo de arbitraje para el TTIP: más de lo mismo. Friends of the Earth International, 2015. https://www.foei.org/es/nueva-propuesta-de-mecanismo-de-arbitraje-para-el-ttip-mas-de-lo-mismo/.
- Wikipedia
- {{cite press release |last1=admin |title=Nueva propuesta de mecanismo de arbitraje para el TTIP: más de lo mismo |publisher=Friends of the Earth International |date=17 September 2015 |url=https://www.foei.org/es/nueva-propuesta-de-mecanismo-de-arbitraje-para-el-ttip-mas-de-lo-mismo/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2015nueva, author = {admin}, title = {{Nueva propuesta de mecanismo de arbitraje para el TTIP: más de lo mismo}}, publisher = {Friends of the Earth International}, year = {2015}, month = sep, url = {https://www.foei.org/es/nueva-propuesta-de-mecanismo-de-arbitraje-para-el-ttip-mas-de-lo-mismo/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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