The Ecuadorian government announced yesterday that it will complete the process to terminate its remaining 16 Bilateral Investment Treaties. This decision is based on the recommendation of the audit commission’s 668 page report (In Spanish).
In an astonishing move which ignores the opinion of millions of citizens who oppose ISDS, the governments of Austria, France, Finland, Germany and the Netherlands (AFFGN) have made a sly attempt to institutionalise ISDS throughout the European Union. According to a leaked non-paper, on the 7th April representatives of these five nations made a proposal to the EU Council’s Trade Policy Committee which would in effect create a plurilateral treaty based on foreign investment protection within the EU. A move which was suspiciously followed by publication of a similar proposal on Business Europe’s website in what appears to have been a coordinated action.
As the European Parliament drafts its opinion on the controversial TTIP (Transatlantic Trade and Investment Partnership) talks, 375 civil society organisations from across Europe have called on EU decision-makers to protect citizens, workers, and the environment from the threats it poses.
Pietje Vervest is an economic anthropologist. She has specialised in the European Union's trade and investment agenda and in the international investment regime.
At TNI she coordinates the Economic Justice Programme and the Myanmar in Focus Programme, is part of the Coordination Group of the Seattle to Brussels network and is the European anchor of the Asia-Europe People's Forum.
Hilde van der Pas joined the 'Economic Justice, Corporate Power and Alternatives' programme in July 2011. She has a BA degree in journalism and a MA in International Relations from the University of Amsterdam.
Cecilia Olivet is a social scientist who specialises in the European Union's trade and investment agenda and the international investment regime. Cecilia is Uruguayan, has a BA degree in International Relations from Universidad de la República in Uruguay and an MA in International Politics and East Asia from Warwick University, UK. In 2005, she joined TNI where she is part of the Economic...