The Transatlantic Trade And Investment Partnership

2022 Words9 Pages
Introduction: Many nations are opting for treaties that will facilitate trade for their investing partners. Consequently, it is not unusual to see agreements enacted to protect foreign investors through an independent international law system and arbitration to free these investors from local judicial pressure. But the recent Transatlantic Trade and Investment Partnership (TTIP) to facilitate trade between the EU and the U.S. along with its ISDS inclusion is the kind of trade everyone is questioning and has raised concerns. Despite that, negotiations are still undergoing to include ISDS provisions in TTIP. Is this, the type of agreement that will lead to a prosperous trade agreement? Establishing a parallel alternative method of dispute resolution system or ISDS, allowing private investors that are much representative of large corporations to bypass our local laws through private tribunals is a threat to our society, our public system, our democracy, therefore a threat to the establishment of our public policies. It is time to stop this manipulative agreement. In the next paragraphs, I will give my views as to why ISDS negotiations should be suspended by all means and why it is an impediment to the foundation of our constitutional rights as well as the mandated judicial system in place to promote the well-being of our society. Obstructing our democracy: ISDS provisions are enacted for the sole purpose of getting around, our democratic system. How can it be right for our
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