EconWatch.com > Agricultural Trade Factors
[FarmPolicy.com] Beattie indicated that, “A series of cases has highlighted the ability of a country - and increasingly, at the Icsid [International Centre for the Settlement of Investment Disputes, housed at the World Bank in Washington, which rules on disagreements between governments and private foreign investors] and similar ”˜investor-state’ tribunals, a company - to force a government to act in politically sensitive areas. A succession of cases brought by WTO members including Brazil, the European Union and even tiny Antigua and Barbuda (population 83,000) has forced the US Congress to rewrite corporation tax law, reform subsidies to cotton farmers and revise bans on internet gambling.”
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