ISDS Case Map
health
Governments worldwide need the policy space now to issue economic support packages and protect their public health systems, without worrying that their budgets could face even more strain from an all-consuming wave of arbitration.
As tech giants emerge as the undisputed winners of the Covid-19 crisis, they continue to use free trade agreements to protect themselves from regulation.
The COVID-19 pandemic has led States to adopt various public health measures that adversely affect foreign investors and exacerbate broader economic issues. In this climate, there is significant potential for disputes under the ECT.
As governments take action to fight the COVID-19 pandemic and prevent economic collapse, they could face multi-million dollar lawsuits.
Research claims top law firms are preparing to ‘cash in’ on the pandemic by helping corporations sue states for measures that have impaired profits.
The UK government is preparing to offer increased access to the UK market for US agriculture exports and possibly lower the bar on environmental and health standards.
The union and its allies also asked the government not to join the Trans-Pacific Partnership, as they view that the restriction of rights to access medicine under the deal would put the country’s public health system in danger.
We call on the world community for an immediate moratorium on all arbitration claims by private corporations against governments using international investment treaties.
There is an imminent threat of claims arising from emergency measures, so countries should review how investor-state disputes are handled.
The US trade model is not only unpopular with the British public, but it will also make us more vulnerable to future pandemics.
