Charles H. Camp and Kiran Nasir Gore Contribute Chapter to Forthcoming Book on the Future of Investor State Dispute Settlement
- posted: Jun 01, 2020
Charles H. Camp and Kiran Nasir Gore have contributed a chapter to a forthcoming book on the future of Investor State Dispute Settlement (ISDS).
The Investor-State Dispute Settlement System: Reform, Replace or Status Quo?, edited by Dr. Alan Anderson and Mr. Ben Beaumont, will be published later this year by Kluwer Law International and provides varied global perspectives on the current ISDS debate.
Charles and Kiran's chapter, "The Rise of NAFTA 2.0: A Case Study in Effective ISDS Reform," examines the social, political, and experiential circumstances which led to the rise of NAFTA’s successor, the US–Mexico–Canada Agreement (USMCA), which will enter into force on 1 July 2020 and adopts a new approach to ISDS within its Chapter 14. As the existing ISDS system faces increasing criticism and scrutiny, much of the debate centers on whether the ISDS system remains fit for its purpose. This chapter concludes that USMCA is a practical example of effective ISDS reform; and in sum, the story of USMCA demonstrates that evolution, and not death, is the answer to the modern ISDS debate.
We congratulate Dr. Anderson and Mr. Beaumont on their achievement and leadership and look forward to seeing the book in print!