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.
Cecilia Olivet, Pietje Vervest, Pia Eberhardt, Fabian Flues
15 April 2015
In response to growing public criticism of international investment law, a new lobby group has emerged, EFILA, seeking to influence European officials. This briefing exposes how EFILA represents an attempt by the arbitration industry to fend off much-needed reforms in order to protect a highly lucrative business.
Gli investitori stanno reclamando più di 1,7 miliardi di euro alla Grecia, la Spagna e Cipro, come pegno per il pacchetto di aiuti internazionali che ha permesso ai tre Paesi di resistere ai venti della crisi del debito.
Bilateral Investment Treaties (BITs) erode the ability of governments to act in the best interests of their citizens by allowing foreign investors to sue sovereign states when governments' social, environmental and economic regulations have affected their profits. TNI, as part of the Seattle to Brussels network, is campaigning for a Just EU Investment policy that puts corporate accountability and human rights above corporate profits!
Greece, Cyprus and Spain are facing claims from speculative investors worth more than €1.7 billion in a series of eurozone-related investor-state disputes that could spiral dramatically under a proposed EU-US trade deal known as TTIP, a new report says.
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.
In the 2012 report Profiting from Injustice, jointly published by Corporate Europe Observatory and the Transnational Institute, we boldly asserted that law firms, arbitrators and third-party funders have, over the past two decades, helped maintain an investor-biased arbitration system and have fuelled the rise in investor-state disputes.
During the CELAC-EU President Summit in Chile, some Latin American governments rejected the inclusion in the final declaration of the proposed EU wording in support of providing foreign investors legal certainty. To understand why, we need to look at the industry behind investment arbitration.
TNI’s Trade & Investment project opposes the European Union’s corporate-driven trade and investment policies by providing well-researched analysis on its social and ecological impacts, supporting the development of popular campaigns and proposing alternative policies that prioritise people’s rights over corporate profits.
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.
Cecilia Olivet, Timothé Feodoroff, Pia Eberhardt, Emma Lui, Stuart Trew
13 May 2013
As European Union (EU) member states consider the implications of environmentally risky shale gas development (fracking), negotiations are underway for a controversial EU-Canada Comprehensive Economic and Trade Agreement (CETA) which would grant investors the right to challenge governments’ decision to ban and regulate fracking.
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.