The current system for investor-state dispute settlement needs to be thoroughly reformed, the European Economic and Social Committee (EESC) said on Monday 7 November. In an own-initiative opinion adopted in October, the EESC reports on work to reform the system.
Investor-State Dispute Settlement allows companies to challenge a state in an international court for defying an investment protection measure, for example.
The EESC considers that questions have often been asked about the...