WASHINGTON – Oregon’s Senator Jeff Merkley released the following statement after more than 100 law professors wrote to congressional leadership and the U.S. Trade Representative expressing concerns about Investor-State Dispute Settlement (ISDS) provisions in trade deals:
“I share many of the worries raised by these experts, and I hope that my colleagues and our U.S. Trade Representative will seriously consider these concerns as they finalize the details of the proposed Trans-Pacific Partnership. The ramifications of these ISDS provisions, including erosion of U.S. sovereignty and potential costs passed on to the American public, are extremely troubling. I thank the Alliance for Justice for their work in bringing these concerns to the forefront. We need a trade policy that works for working Americans.”