NGOs warn against dispute mechanism in Asian free-trade pact | bilaterals.org
Activists of various NGOs have urged Asean governments to eliminate
investor-state dispute settlement (ISDS) from the Regional Comprehensive
Economic Partnership (RCEP) draft, saying it weakened the position of
states against foreign investors.
Indonesia for Global Justice
executive director Rachmi Hertanti said on Thursday that ISDS "enables
foreign investors to sue a country in an international arbitration body,
such as the International Centre for Settlement of Investment Disputes
(ICSID), if they find the country’s rules hamper their operations."
