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Response to Ferd Berfel (Original post)

Thu Dec 31, 2015, 04:03 AM

7. ISDS isn’t a one-time, hypothetical problem – we’ve seen it in past trade agreements

Just in the past few years:

A French company sued Egypt after Egypt raised its minimum wage.
A Swedish company sued Germany because Germany wanted to phase out nuclear power for safety reasons.
A Dutch company sued the Czech Republic because the Czech Republic didn't bail out a bank that the Dutch company partially owned.
Philip Morris is using ISDS right now to try to stop countries like Australia and Uruguay from implementing new rules that are intended to cut smoking rates – because the new laws might eat into the tobacco giant’s profits.

Someone explain WTF any of this has to do with trade.

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