Extract from “The Perils of TPP and TTIP”

With regard to TTIP, the European Commissioner for Trade, Cecilia Maelstrom, has proposed the creation of an Investment Court System (ICS). I consider this a labeling scam, and the ICS can only be a pseudo-court with one-way jurisdiction. […]

Bearing in mind that all EU countries have competent courts, there is no need for the creation of a parallel jurisdiction that will privilege foreign investors. When democratic States cannot fully observe their fundamental function to protect the public and fulfill their human rights treaty obligations, this poses a grave danger to the domestic and international democratic order.

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