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  1. The Treaty on TNC's and the Struggle to stop Corporate Impunity

    Gonzalo Berrón
    21 October 2015
    Article

    On June 26, 2014, under the leadership of Ecuador and South Africa, the UN Human Rights Council passed landmark resolution 26/9,2 establishing an open-ended inter - governmental working group (IGWG)3 that is mandated to elaborate an international legally binding instrument on transnational corporations (TNCs) and other business enterprises with respect to human rights (hereinafter, the Treaty). It was a tight vote: the resolution was supported by 20 states, mainly from Africa and Asia, and opposed by 14, including the United States and the European Union, with 13 abstentions. The resolution strikes a nerve — and there is much expectation around it.