The Ecuadorian government announced yesterday that it will complete the process to terminate its remaining 16 Bilateral Investment Treaties. This decision is based on the recommendation of the audit commission’s 668 page report (In Spanish).
In a letter to the president of the European Council, 240 European organisations ask him to withdraw the mandate for the European Commission to negotiate the Transatlantic Trade and Investment Partnership (TTIP), with immediate effect.
In an astonishing move which ignores the opinion of millions of citizens who oppose ISDS, the governments of Austria, France, Finland, Germany and the Netherlands (AFFGN) have made a sly attempt to institutionalise ISDS throughout the European Union. According to a leaked non-paper, on the 7th April representatives of these five nations made a proposal to the EU Council’s Trade Policy Committee which would in effect create a plurilateral treaty based on foreign investment protection within the EU. A move which was suspiciously followed by publication of a similar proposal on Business Europe’s website in what appears to have been a coordinated action.
518 organizations from MATA Myanmar Alliance on Transparency and Accountability and 53 organizations from Lands in Our Hand network and various other civil society organizations express their concerns about investment protection in the EU-Myanmar Agreement.
As the European Parliament drafts its opinion on the controversial TTIP (Transatlantic Trade and Investment Partnership) talks, 375 civil society organisations from across Europe have called on EU decision-makers to protect citizens, workers, and the environment from the threats it poses.