Politics Faded Out the Constitutional Offensiveness of Trade Agreements
by Alex Flessner, Joachim Baertner and Silvia Liebrich
The arbitration jurisdiction with the ISDS mechanism is the most controversial point of the two trade agreements CETA and TTIP. US corporations could file lawsuits against the German prohibition of gas production through fracking. They could demand compensation in the billions from the states. States could be deterred by the threat of lawsuits from environmental and labor protective regulations.
These are not trade agreements but bills to protect corporate profits and privilege foreign investors. Public interest laws could be stylized as “indirect expropriation.” Parallel private courts could privilege foreign investors and shift sovereignty to corporations from states and communities.
to read Scott Sinclair’s 20 page article from the Canadian Centre for Policy Alternatives, July 2014, click on
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