Wish 🇩🇪’s #ExitECT didn’t come with promise of ratification of #CETA + more deals:
NO new area of trade deals putting climate protection, human rights & social justice at the center of international trade possible WITHOUT #StopISDS

Deepl translation of for me the most important part of Habeck’s press statement: https://www.youtube.com/watch?v=m47OleumopY

Pressestatement zum Thema Energiecharta von Bundesminister Robert Habeck

YouTube
So what's that multilateral investment court (MIC) that seems to be proposed as the #ISDS solution? https://www.bilaterals.org/?isds-reform-designing-permanent
ISDS reform: Designing permanent institutions at Working Group III

The UNCITRAL Working Group III turned squarely to designing permanent institutions: a standing appellate mechanism and a multilateral investment court (MIC).

"In a statement of November 2017, the German Judges' Association questions the legitimacy of a multilateral investment court (MIC). It discusses whether it would not be time to reject #ISDS and instead strengthen national legal channels."
@PowerShift https://power-shift.de/wp-content/uploads/2019/10/Factsheet_Wenn-Totgesagte-wieder-auferstehen-2019-1.pdf

"arbitral tribunals exercise great power over national courts...power would be further enhanced by the consolidation + integration into European law, and the MIC would thus become a standard-setter despite the lack of a democratic basis for legitimacy."

"With the continuity of procedures, the MIC would practically create the right it invokes for itself."

@PowerShift