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.
Modkraft - I hele verden har vi de senere år set en ærgerlig tendens til, at multinationale selskaber får større magt over lovgivningen globalt og lokalt. Det er et problem, når store selskaber, som drives af økonomiske interesser, bliver mere magtfulde end vores demokratisk valgte politikere.
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?
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.
Investment protection and investor-state dispute settlement (ISDS) mechanisms are perhaps the most contentious aspects of TTIP and CETA. These mechanisms provide foreign investors with the right to sue the EU or its Member States in private tribunals over potential losses in profit due to current or new public welfare regulations.
Corporations, backed by lawyers, use international investment agreements to scavenge for profits by suing Europe’s crisis countries. While speculators making risky investments are protected, ordinary people have no such protection and – through harsh austerity policies – are being stripped of basic social rights.
This briefing analyses leaked proposals for so-called investor-state dispute settlement under the proposed EU-US deal and reveals a determined lobby campaign from industry lobby groups and law firms to grant unprecedented rights to corporations to sue governments for legislation and regulations that interfere with their profits.
The investor-state dispute settlement (ISDS) clause present in many trade treaties give investors far-reaching protection, curtailing governments’ ability to regulate for progressive agrarian and agricultural policies and reinforcing the notion of land as a commodity.
A small club of international law firms, arbitrators and financial speculators are fuelling an investment arbitration boom that is costing taxpayers billions of dollars and preventing legislation in the public interest.
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.
TNI Senior Fellow and former Director of TNI (1976), Landau was an award-winning filmmaker, journalist and author. Landau wrote on US politics and foreign policy and produced more than forty films on social, political and historical issues, and worldwide human rights. He died from cancer at age 77 on September 9 2013....
In both TTIP and CETA food, agriculture, animal husbandry and horticulture play a major role and the prospects for European farmers and consumers are not good. TTIP negotiators are discussing abolishing or lowering import tariffs for agricultural products and the mutual recognition of each others’ standards relating to environment, animal welfare, food safety and labour rights is on the agenda.