Investor-state dispute settlement Current Affairs, GK & News
Investor-State Dispute Settlement mechanism is a system which allows individual companies to sue countries for their discriminatory practices. The practice came to light through the Philip Morris v. Uruguay Case under WTO. It is an instrument of public international law whose provisions are defined by a number of bilateral investment treaties. ISDS is also associated ..
Topics: Arbitration • Bilateral investment treaty • Bilateralism • Economy • Foreign direct investment • International arbitration • International Centre for Settlement of Investment Disputes • International investment agreement • International Relations • Investor-state dispute settlement • Transatlantic Trade and Investment Partnership • World Trade Organization