Regional Comprehensive Economic Partnership (RCEP)

RCEP: Global Corporations could sue governments

Like the TPP, the RCEP could contain rights for foreign corporations to bypass national courts and sue governments in unfair international tribunals. This system is called investor-state dispute settlement (ISDS). ISDS has been opposed by civil society groups and some RCEP governments and in September 2019 the Malaysian trade Minister announced it had been excluded from the negotiations. But the text was still secret, and this cannot be confirmed until the the text is released after signing in 2020.

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