This public event will highlight the risks that provisions negotiated as part of trade agreements – such as ISDS – can pose for governments’ ability to regulate to protect the environment and act on climate change.
The Alternative Trade Mandate pledge campaign was launched on 2 April in Brussels, calling on European Parliament election candidates to make EU trade and investment policy serve people and the planet, not just the profit of a few large corporations.
The financial fallout facing taxpayers that could hit Malaysia in a potential trade dispute with foreign investors far outweigh the economic benefits posed by the Trans-Pacific Partnership Agreement (TPPA), three international trade and law experts cautioned today.
Civil society from Myanmar and the European Union are calling for the suspension of negotiations for an investment protection agreement between the EU and Myanmar until the European Court of Justice has ruled on the compatibility of the controversial Investment Court System (ICS) dispute settlement mechanism, with the EU Treaties.
Brussels, Cologne, Madrid, May 12, 2014 - According to a leaked position paper and statements by trade officials, current proposals being floated as part of the Trans-Atlantic Trade and Investment Partnership (TTIP) negotiations would grant foreign governments and corporations an increased opportunity to influence public protections in both the European Union and the United States. This would include standards related to food safety, toxic chemicals, occupational health, and the protection of the environment.
How fair is the investment arbitration system in Latin American and Caribbean (LAC) countries? Are investor-state disputes balanced between national and corporate interests? LAC countries are among the most affected by the investment arbitration system, representing 28.6% of all known investor-state disputes around the world. In particular, Argentina, Venezuela, Mexico, Ecuador, Bolivia and Peru account for 77.3% of the total number of claims against LAC countries. Analysis shows that the system so far heavily favours corporate interests. Investors have won in 70% of the cases brought against LAC countries. As a result, LAC States have already had to pay foreign companies 20.6 billion USD, which could cover Bolivia’s budget for health and education for four whole years.
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.
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.
A push by 39 WTO members, including China, Russia, the EU, Argentina, Brazil and Mexico to reintroduce formal discussions on investment facilitation at the 11th World Trade Organization (WTO) Ministerial conference has failed.
The current development model in place across Colombia has brought repression and harassment. The government has not fulfilled the terms of a 2013 agreement. On May 27th, the Cumbre Agraria, Campesina, Etnica y Popular1 called for a national Minga - a period of strikes and mobilizations - across Colombia to put pressure on the government.
(Quito/Amsterdam, 3 May 2017) A unique international audit commission that examined the benefits and costs of Ecuador’s investment protection treaties will publish its findings on Monday 8 May. The report is to be released 5 days after Ecuador’s National Assembly recommended the government to terminate 12 remaining Bilateral Investment Treaties.