A debate on TTIP on Thursday June 25 clearly shows is that it still is a contested issue. While its supporters mainly focus on the benefits for companies that want easy market-access for their products, the opponents fear that TTIP will be a danger to democracy and put pressure on public health standards.
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.
Speculative investors are claiming more than 1,7 billion Euros in compensation from Greece, Spain and Cyprus in private international tribunals – for measures implemented to deal with economic crises, a new report released today by the Transnational Institute (TNI) and Corporate Europe Observatory (CEO) reveals.
Talk of the dangers of trade protectionism is used by European politicians to obscure the need for protection from transnational corporations whose control of European trade policy continues to cause negative social and environment impacts. Susan George and Myriam Vander Stichele debate MEP Ignasi Guardans and Chief Economist DG Trade, Gaspar Frontini, in TNI's Debating Europe series.
Charles Santiago, Helmut Markov, Ignacio Garcia Bercero
04 May 2009
"ASEAN should build a different kind of regionalism and not sign bilateral Free Trade Agreements with the EU", says Malaysian MP Mr. Charles Santiago in Brussels in a debate with Mr. Bercero, chief negotiator for the EU in the EU-Korea FTA and Mr.
The international free trade and investment policies and the related WTO agreements played a major role in undermining so many developing countries' economies. The proponents of tese policies, including the EU, are now urging the govenrments of the world to end their resistance to such policies within the WTO.
We know what we have to do to solve the climate crisis. We must keep coal, oil and gas in the ground. But the fossil fuel industry has a secret powerful weapon to keep cooking the planet: The Energy Charter Treaty (ECT). It is on the brink of a massive geographical expansion into Africa, Asia and Latin America, threatening to bind yet more countries to corporate-friendly energy policies. Visit: www.energy-charter-dirty-secrets.org
Representatives of the governments of Austria, France, Finland, Germany and the Netherlands (AFFGN) tabled a proposal, in April, to establish “a multilateral agreement among the [EU] Member States […] which would replace and supersede pre-existing intra-EU BITs”. With this proposal, all EU investors would effectively be able to sue any member state at an international tribunal when they feel government regulations have undermined their (future) profits. This proposal undercuts the very basis of the European Union and is the best example of how the EU has become a vehicle for business rights at the expense of democracy.
The agrarian sector launched a national strike in Colombia which spread quickly across other sectors, against the impacts of the FTA with the US and Canada. It is evident that the current economic model has failed as a result of a combination of several factors, structurally and historically.
The Energy Charter Treaty (ECT) has been exposed as the fossil fuel industry's powerful secret weapon to keep cooking the planet. It is now on the brink of a massive geographical expansion into Africa, Asia and Latin America, threatening to bind yet more countries to corporate-friendly energy policies. This briefing unpacks the risks for developing countries and the empty promises of those pushing for new countries to join.
An analysis of how the EU Common Agricultural Policy and its external trade policy increases import dependency and undermines food security in developing countries, contributing to the escalating food crisis.
Signing international investment treaties, in the hope of attracting foreign investments, has been a central strategy for governments looking to improve economic development. The less known side of this story is that by signing investment treaties, governments are giving away the sovereign right to regulate in the interest of people and the environment. They also expose themselves to the risk of spending millions in law suits that could have been used to serve public needs. It’s time that the dark side of investment is put under the spotlight.