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The special case of investment rules

International investment agreements (IIAs) are controversial because they go to core issues of national sovereignty and the independence of domestic courts.  States and local governments are concerned about IIA provisions that give foreign companies new rights to challenge laws that have been passed in a democratic way. 

International investment rules
How does the system work? Who can instigate a dispute? Who hears these cases?
Critical NAFTA investment cases
Metalclad v. Mexico. Methanex v. United States. Glamis Gold v. United States.

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