ISDS concept paper wins broad support in Council and INTA

The Trade Council, held on 7 May in Brussels, welcomed Trade Commissioner Cecilia Malmström’s concept paper suggesting options for the reform of the investor-state dispute settlement (ISDS) mechanism in the Transatlantic Trade and Investment Partnership (TTIP) and other future free trade agreements. “Basic, if not all, concerns that member states have raised in the past have been addressed in the paper,” Edgars Rinkevics, Latvia’s foreign minister, said in his capacity as the chair of the Council meeting. “It is important…