Projects protecting Jakarta against floods are likely to damage the environment and could threaten the livelihoods of tens of thousands of people. The Dutch government, supporting these projects, should question how it balances its interest in supporting Dutch companies with its stated policies of sustainable and inclusive development.
On 16 May, Ecuador became the fifth country to terminate all its Bilateral investment treaties (BIT). Why did it make this decision? TNI researcher Cecilia Olivet, and president of the Ecuadorian Citizens Commission that audited the country’s investment protection treaties, shares her insider perspective.
Seattle to Brussesls analysis: The European Commission’s note on “Investment Provisions in the EU-Canada free trade agreement ’’ is a lobby document, not an objective and complete presentation on the issue At the end of 2013 the European Commission produced a note presenting and explaining the “Investment Provisions in the EU-Canada free trade agreement” (CETA).
The European Commission recently issued two papers to address growing concerns among civil society and the wider general public over inclusion of the increasingly controversial investor-state dispute settlement mechanism (ISDS) in the EU-US Transatlantic Trade and Investment Protection agreement (TTIP). The Seattle to Brussels Network responds to the arguments and the Commission’s proposals to amend the flaws in the ISDS system.
Saturday October 11 saw an extraordinary mobilization success. Over 400 actions were organized in 20 European countries to reject the secret trade deals that the EU is negotiating (TTIP, CETA and TiSA)
This week, representatives of around 100 countries are meeting in New York to talk about investor-state dispute settlement (ISDS). ISDS is a legal instrument that multinationals can use to sue governments for billions. External experts and observers fear that the new negotiations will amount to ‘old wine in new bottles’. They believe that those who benefit from this instrument (powerful states and top lawyers from the ISDS sector) are controlling the debate.
On 22 April, government representatives from Bolivia, Cuba, Ecuador, Nicaragua, Dominican Republic, St. Vincent and Grenadine, Venezuela, Argentina, Guatemala, El Salvador, Honduras and Mexico met in Guayaquil (Ecuador) for the 1st Ministerial Meeting of the Latin American States affected by transnational interests.
Global finance is only one facet of multiple crises facing human civilization - crises over food, water, climate, energy as well as the global economy urgently need to be addressed. So far, neoliberal responses of governments have been to tackle finance alone - by replacing a banker or by pumping money into the system. But it is the system itself - that is in crisis.
In this special edition of Globalizations, François Houtart outlines the interlinked but different elements of the multiple crises we face, and makes radical suggestions for moving beyond the current state of affairs - through addressing all together.
EUOBSERVER / BRUSSELS - The European Commission is hoping to boost EU-Latin American relations with the creation of a joint forum that will bring together the two sides on a permanent basis and launch of a new investment fund. But civil society organisations and some Latin American officials believe Europe is steadily abandoning its support for regional integration on the EU model on the continent.
Cecilia Olivet, Jaybee Garganera, Farah Sevilla, Joseph Purugganan
24 May 2016
Mining firms have been one of the main corporate sectors worldwide to take advantage of investor-state dispute mechanisms to sue states for regulation of mining, having sued governments for a total of USD 53 billion so far. The Philippines, one of five countries worldwide with the highest overall mineral reserves, has a web of investment treaties which severely constrain the government's ability to regulate or close polluting mines. This legal straitjacket will become even tighter if the EU–Philippines Free Trade Agreement and the Regional Comprehensive Economic Partnership (RCEP) proceed.
In the midst of a raging famine in the Horn of Africa and continuing expansion of land grabbing across the Global South, a new and critical report has been released by the High Level Panel of Experts on Food Security and Nutrition, of the Committee on World Food Security.
The Indigenous populations of the Peruvian Amazonia started a general and peaceful strike for almost 60 days to protest against 10 legislative decrees promoted by the Peruvian Government in order to comply with the Free trade Agreement (FTA) with US that threatens their rights and their environment. More specifically, the FTA with the US permits oil and mining companies to enter 44 out of 75 million hectares of Amazonian forest, which are Indigenous territories, without any kind of agreement or even consultation.