An exciting development in recent years is the number of new South-South inter-governmental alliances that are emerging to defend their interests and challenge the bias of the current global trade and investment regime.
The structural adjustment policies of the Bretton Woods Institutions [the World Bank and the IMF] have for decades caused untold harm to people and nature. Their implicit or explicit cooperation with the TNCs cannot be denied. For all these reasons, we demand that European governments take responsibility for their corporations and cease their support for their predatory activities in Latin America.
Peoples' Permanent Tribunal uncovered overwhelming evidence of European TNCs' abuses of human, social, cultural and workers' rights in Latin America, aided and abetted by European governments and institutions.