Letters to the Editor: Ceta tribunals would put profits above our children’s wellbeing

Quakers hold that we are all equal, and that sustainability and care for God’s creation is of vital importance for our common future

Recent ISDS suits have amounted to more than $1bn each and have been taken by fossil fuel and mining industries against countries that have endeavoured to make moves towards a more sustainable future. File Picture: Getty

The Religious Society of Friends in Ireland has great concern regarding the Ceta trade agreement. The ISDS (investor-state dispute settlement) element of the agreement would allow foreign investors to sue a nation state for amending legislation that would infringe on corporate profits.

The tribunals in which the ISDS process is adjudicated are private procedures, without any system of appeals, in which the potential lost profits are the central subject of focus.