This British expatriate living in Barcelona finds a lot of resistance in not only Europe, but in important nations all over the world, to a key provision of the free-trade pact that is presently under discussion.
In Europe, opposition to the Transatlantic Trade and Investment Treaty is rising. The primary cause of concern, both among the general public and certain national governments, is the proposed inclusion of the Investor-State Dispute Settlement (ISDS).ISDS contains the key neoliberal clause which the author describes as a...
...rather innocuous-sounding provision is what gives the new generation of bilateral and multilateral trade agreements their sharpened claws and canine teeth, by allowing private companies and investors to sue entire nations if they feel that a law lost them money on an investment.
