- About bilaterals.org
- How to participate
- Key issues
- Texts of agreements
Trade unions oppose privileged rights for Big Business in EU-Canada trade deal
4Traders | 25 November 2013
ETUC - European Trade Union Confederation : Trade unions oppose privileged rights for Big Business in EU-Canada trade deal / Investor-state dispute settlement on negotiating table this week
On 18 October 2013, European Commission President José Manuel Barroso and Canadian Prime Minister Steven Harper announced the conclusion of the negotiations on a European Union-Canada Comprehensive Economic and Trade Agreement (CETA).
This "next generation" free trade agreement will include a controversial and unnecessary investor-to-state dispute settlement process (ISDS). In spite of the 18 October EU-Canada deal, negotiations on investment protection and ISDS continue.
The European Trade Union Confederation (ETUC) strongly opposes the inclusion of ISDS in CETA, and the subsequent creation of a parallel court system which allows multinationals to sue and threaten governments with heavy costs for doing their democratic job of regulating their societies and economies. Both the EU member states and Canada are advanced societies with functioning legal systems allowing adequate opportunities for investors, whether domestic or foreign, to defend their interests. ISDS is too often use to ’freeze’ government action and block improvements in social and employment standards. CETA would be the first EU trade agreement to include ISDS.
In January this year, the ETUC and its Canadian counterpart CLC signed a joint position on the CETA negotiations, stressing "It is imperative that the failings of the NAFTA are not replicated, let alone aggravated, by any future CETA. This applies to investor rights in the first instance. We oppose the inclusion of an investor-state arbitration mechanism in the agreement. We concur with the European Parliament’s assessment that "a state to state dispute settlement mechanism and the use of local judicial remedies are the most appropriate tools to address investment disputes".
The full ETUC-CLC position is available here: http://www.etuc.org/IMG/pdf/CLC_ETUC_final.pdf
News from the movements
24-Nov-2015 TNIProfessor Gus Van Harten, Osgoode Hall Law School, and Rupert Schlegelmilch, European Commission, Directorate General for Trade discuss the European Commission’s proposed “Investment Court System”.
23-Nov-2015 Seguimos en luchaEste es un momento clave para el continente. El imperialismo reconstruye su estrategia de dominación articulada que se expresa en una gran ofensiva del capital, los avances del libre comercio, el poder de las trasnacionales que violan nuestras soberanías...
The Trans-Pacific Partnership and the environment: an assessment of commitments and trade agreement enforcementLike TPP, U.S. free trade agreement (FTA) formed in the past two decades have similarly promised meaningful and enforceable labor and environmental safeguards.
16-Nov-2015 Biodiversidad en América Latina
Encuentro hemisférico “Derrota del ALCA en Mar del Plata. América Latina y el Caribe diez años después”Dicho encuentro se estará desarrollando entre el 20 y el 22 de noviembre, en la Habana. Los objetivos que lo guían son celebrar la victoria contra el ALCA y replantear estrategias de actuación articulada que nos permitan fortalecer la integración de los pueblos.
12-Nov-2015 TNISOMO and TNI launch a new a quiz on ISDS & TTIP. The quiz is intended to increase everyone’s critical knowledge of ISDS and TTIP.
9-Nov-2015 Public CitizenThe E-commerce chapter of the Trans-Pacific Partnership (TPP) sets rules that, if ratified, will shape the development of the digital economy for years to come.
6-Nov-2015 Public CitizenLong-awaited text reveals gaps between Administration claims and actual TPP terms on key public concerns
6-Nov-2015 AttacA quoi ressemblera notre société et l’environnement lorsque tous les accords de libre-échange (TAFTA, CETA, TiSA, AGE, TPP, etc.) seront mis en œuvre à travers le globe ?
bilaterals.org is a collaborative space to share information and support movements struggling against bilateral trade and investment deals which serve corporations, not people. Multilingual. Global. No one owns it. Open publishing. Get involved.