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Trade Agreement: No ISDS in draft from UK's side, British negotiator says EU offering 'relatively low-quality'


UK-EU Agreement 1.jpg
20 May 2020
Categories: International News Arbitration

The UK has released the draft working text of its free trade agreement with the European Union, The draft doesn't seem to contain any mechanism for investor-state dispute settlement.

British Negotiator David Frost has said the EU is offering the UK a "relatively low-quality trade agreement", Reuters reported.

"Overall, at this moment in negotiations, what is on offer is not a fair free-trade relationship between close economic partners, but a relatively low-quality trade agreement coming with unprecedented EU oversight of our laws and institutions," reads the letter sent to his counterpart Michel Barnier on Tuesday.

Pic Credit: Vox

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