Central and Eastern European (CEE) countries find themselves at a crossroad regarding their investment protection policies with the US. This briefing provides evidence that shows that including investment arbitration in the Transatlantic Trade and Investment Partnership (TTIP) will worsen the capacity for CEE governments to regulate.
Why should human rights, environmental and consumer advocate organizations all over the world that are working toward a world different from the corporate-led neoliberal dogma, pay special attention to TTIP?
Nieuws.nl - Twitteraars zetten zich massaal in tegen het TTIP handelsverdrag met de hashtag #TTIPalarm. Maandag 20 april start in Washington de negende onderhandelingsronde over het handelsverdrag en Twitteraars willen dat het tegengeluid gehoord wordt. Het alarm is een initiatief van Milieudefensie, Both ENDS, SOMO, Transnational Institute en TNI.
Citizens and policy makers around the world are increasingly questioning the trade agreement system, especially the investor-state dispute settlement mechanism (ISDS) that enables foreign investors to bypass the legal system of host states and sue governments before private tribunals for any policy, democratically passed law, or judgment of a court that adversely affects them.
For a TTIP resolution that puts people, the environment and democracy before short-term profit and disproportionate corporate rights. 375 civil society organisations from across Europe call on EU decision-makers to protect citizens, workers, and the environment from the threats it poses.
Pietje Vervest, Hilde van der Pas, Roos van Os, Roeline Knottnerus
27 January 2015
Dutch investment treaties (BITs) are frequently used by foreign companies to sue governments in the North and South for policies that might harm their future profits. 75% of these cases were brought by mailbox companies with no real economic substance in the Netherlands, making use of the vast web of Dutch BITs and the rights and protection given to foreign investors.