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India is blocking the adoption of the IFDA as it will set a norm sidelining developing states from the decision-making process
A common thread that runs through TPP, TTIP and CETA deals is the Investor-state dispute settlement system (ISDS), an opaque supranational court that decides disputes, bypassing the domestic courts and national laws. Now, the fear is that these trade deals might just end up producing managed rather than free trade.