by Ram Anand 3 December 2015 Source : Stop ISDS Originally from : The Malaysian Insider
Four Pakatan Harapan lawmakers today wrote a letter to the
Attorney-General Tan Sri Mohamed Apandi Ali seeking clarification
whether the Investor State Dispute Settlement (ISDS) mechanism under the
Trans-Pacific Partnership Agreement (TPPA) is in line with the spirit
of the Federal Constitution.
PKR’s Nurul Izzah Anwar and Wong Chen, along with DAP’s Charles
Santiago, and Amanah’s Dr Hatta Ramli sent the letter to the AG’s office
today.
The ISDS, which is a major component under TPPA, allows a corporate entity to drag a state to a tribunal.
"We seek an explanation within two weeks. If there is no explanation,
we will have to seek a judicial review," Charles, who is also Klang MP,
said during a press conference today.
In the letter, the MPs pointed out that several international experts have asked for ISDS to be abolished before.
“Given that so much criticism has been made against ISDS, including
pertinent questions yet to be answered by the International Trade and
Industries Ministry, we need the explanations,” they said.
Among the queries is whether ISDS will threaten Malaysia’s
sovereignty, whether it is consistent with the constitution, whether it
would render the judicial system irrelevant, and whether foreign
investors would be able to challenge decisions made even in Parliament.
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