16 May '17, 3pm

ECJ Singapore ruling adds to case against ISDS in Brexit deal

ECJ Singapore ruling adds to case against ISDS in Brexit deal

Court gavel. Photo by Joe Gratz ECJ Singapore ruling adds to case against ISDS in Brexit deal 16 May 2017, by Rosa Crawford in International Today the European Court of Justice (ECJ) gave an important boost to the case for scrapping Investor State Dispute Settlement, as well as other corporate court systems like it, in trade agreements. Part of the ECJ’s ruling today was that trade deals that contain ISDS need to be ratified in EU member countries as well as European level. This means they have to be approved by the 38 parliaments that govern at regional and national level in EU states. The ruling was on the EU-Singapore agreement but is so significant because it will apply to all future EU trade deals. It seems likely that coming under additional democratic scrutiny will make trade agreements containing ISDS more likely to fail. Due to trade union and civil society campai...

Full article: http://touchstoneblog.org.uk/2017/05/ecj-singapore-ruling...

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