Extract from “On ISDS: Statement of Mr. Alfred-Maurice de Zayas, Independent Expert on the promotion of a democratic and equitable international order at the Human Rights Council 30th Session”

ISDS should be abolished. Investment disputes should be subject to national jurisdictions under article 14 ICCPR or settled through a special international investment court with permanent judges and appeal chambers, operating transparently under the rule of law and bound by a statute that prioritizes human rights, public interest and sovereignty, and disallows one-way jurisdiction, so that not only investors but also States have standing to sue.

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