The proposed Transatlantic Trade and Investment Partnership (TTIP) between the EU and the US will open the floodgate to multi-million Euro lawsuits from corporations challenging democratic policies to protect the environment and public health, argues a new briefing by Corporate Europe Observatory and the Transnational Institute.
A debate about the impacts of the Investor to States Disputes Settlement on the environment, between representatives from the European Commission and Civil Society Organizations from Europe, US and Canada was held in Brussels during the last negotiations round of the Transatlantic Trade and Investment Partnership
Amsterdam, 12-9-2014 - Een verzoek voor de lancering van een burgerinitiatief rond TTIP en CETA is op 10 september door de Europese Commissie afgewezen. De Europese Commissie weigert het initiatief te registreren omdat het buiten de bevoegdheden van de Commissie zou vallen. Maatschappelijke organisaties, waaronder TNI en SOMO, vinden dat de Commissie zeggenschap van burgers ondermijnt en roepen de nieuwe Commissie op om dit besluit terug te draaien.
Pietje Vervest, Timothé Feodoroff, Giorgina Garibotto et al.
06 March 2014
A briefing that explores how a trade agreement currently being negotiated between the US and the EU could open the way to multi-billion euro lawsuits from companies wanting to expand “fracking” for shale gas and oil.
Zondag met Lubach, a Dutch tv show, takes a closer look at two trade agreements, TTIP and her ugly sister CETA. He asks Cecilia Malmström (European Commission) to remove ISDS and even made a brilliant TTIP/CETA protest song.
Climate change action demands moving to an energy system based on renewables and leaving fossil fuels in the ground. International investment agreements, and particularly ISDS, stand in the way of energy transition. They limit the ability of governments to set the terms of their energy policy, including the support of renewable energy. Investment agreements such as the Transatlantic Trade and Investment Partnership (TTIP) and the Comprehensive Economic and Trade Agreement (CETA) will further empower corporations to challenge strong government action on climate change
Demands for tax justice have resounded worldwide, with growing anger at the tax practices of corporations such as Google and Starbucks. Yet trade and investment agreements are already constraining the ability of governments to impose fair tax deals and with the Transatlantic Trade and Investment Partnership (TTIP) this could become worse.
EU and US are currently negotiating a trade and investment agreement. How will this deal affect people from both regions and around the world? See reflections from EU and US activists who gathered to discuss about the impacts and possible solutions.
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.