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
Mondiaal Nieuws -Nederlandse bilaterale verdragen spelen een sleutelrol in de zaken die multinationals aanspannen tegen ontwikkelingslanden, wanneer ze menen last te hebben van nieuwe regelgeving. Meer dan 10 procent van alle bekende claims zijn gebaseerd op een Nederlands verdrag, en daarvan is driekwart ingediend door firma's die alleen met hun brievenbus in Nederland gevestigd zijn.
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.
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.
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.
The secretive and lucrative world of international investment arbitration has enriched a small coterie of multi-billion dollar international firms, which actively promote and even help finance litigations against states and have fought fiercely to prevent changes to an unjust international investment regime.
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.
A clear and plain language guide to the EU's neoliberal investment regime, explaining both the social and environmental costs of prying open poor, vulnerable countries' economies, as well as outlining a number of ethical alternatives.
These are crucial days for TTIP. The US-EU trade deal, which would legally enforce the privatisation of the NHS, is facing extraordinary levels of public protest on both sides of the Atlantic. But while opponents focus on the battle at hand, a separate Canadian trade deal could allow TTIP's worst abuses by the backdoor.
Bilateral investment treaties (BITs) allow transnational corporations to by-pass domestic courts and sue sovereign states - costing tax payers millions in legal expenses and preventing governments from acting in the best interests of their citizens.