Charles Santiago, Helmut Markov, Ignacio Garcia Bercero
04 မေလ 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.
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.
In November 2011, Brussels was the stage for a 'Week of Action' which looked to expose the threat of Bilateral Investment Treaties to democratic governance and public interest and to advocate for an Alternative Investment Regime.
The U.S. and India should not sign a treaty that will only serve the short-term interests of large corporations, and undermine the authority of governments to protect their people from financial crisis.
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.
Liam Barrington-Bush reads Susan George’s new book, ‘How to Win the Class War: The Lugano Report II,’ and, while impressed by its breadth of information, is left wondering if more intellectual criticisms of capitalism are going to help us get out of the mess the free market has created.
Between 20 and 21 September 2011, 40 ASEAN campaigners and experts met in Manila to share knowledge and experiences, articulate common strategies and discuss alternatives to the current investment regime.
The role of major supermarkets like Tesco in wiping out small retailers across Europe is well known. Now the giants have India in their sights. For a country in which small-scale retail employs 33 million people, what kind of impact will this have?