COMMON DREAMS: Hundreds of Groups Call On US to Ditch Corporate-Friendly Trade Regime

‘Time to Exit ISDS’: Hundreds of Groups Call On US to Ditch Corporate-Friendly Trade Regime

“The ISDS regime is undemocratic: It was created for and by powerful, well-organized corporations, and has served their interests almost exclusively,” said one critic.

 
More than 200 civil society groups on Thursday called on the Biden administration to protect climate, health, and other public interest policies across the Americas by dismantling a trade regime that the United States spearheaded nearly three decades ago—giving corporations broad authority to sue governments if they claim their profit margins are harmed by public programs.
 
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