A group of lawmakers has written to U.S. Secretary of State Antony Blinken and Ambassador Katherine Tai, expressing concerns over the Investor-State Dispute Settlement (ISDS) system present in the United States' trade and investment agreements with foreign nations.
The letter, signed by several senators and members of Congress, highlights the potential exploitation of this dispute settlement regime by large corporations, which they argue undermines democracy and favors corporate interests over those of workers, consumers, and small businesses worldwide.
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