As public support for EU free trade deals is waning, civil society groups are hoping to help tighten the bloc’s standards on trade sustainability as part of an ongoing consultation.
The document says it can be very difficult to trade with some countries that do not necessarily support saving the environment but the government says ministers are not considering the advice.
While the tribunal has yet to make a decision about compensation to be paid, Eco Oro Minerals is claiming nearly $700 USD million.
A Canadian company’s successful challenge to a precautionary mining ban in Colombia shows how little investor–state dispute panels care about the right to regulate.
What precedent might be set by the new Australia trade deal and what could it tell us about the future for UK environmental standards?
A lawsuit filed against the Mexican government for denying a permit for seabed mining has put a spotlight on the lack of international rules for such practices.
Human rights experts are particularly concerned about the asymmetric nature of the system and a lack of investors’ human rights obligations. Together with high ISDS costs and arbitral awards, they undermine states’ ability to realise economic, social, cultural and environmental rights.
Corporate courts were invented to protect the West’s control of the world against decolonisation. They are now undermining attempts to halt climate change.
‘Any policy allowing imports that do not match UK animal welfare policies simply props up an industry the public has firmly rejected,’ says critic.
The derailment of the plans led Canadian mining company Gabriel Resources to sue the Romanian government for $5.7 billion before the Washington-based ICSID.
Meanwhile, Gabriel Resources has taken Romania before the World Bank’s International Centre for Settlement of Investment Disputes, seeking $4.4 billion (3.7 billion euros) in damages.
Ecuador has 60 days to make the payment and has already contacted Perenco to start negotiations. In 2020, the country inked a $6.5 billion emergency deal with the IMF.
The Ecuadorean country will have to face a millionaire sum for Perenco oil company after a ruling by a panel formed under the auspices of the World Bank’s International Center for Settlement of Investment Disputes.
Trade ministers held "robust" talks on the new North American trade deal and pledged to fully enforce its higher standards, while downplaying differences over a range of other irritants.
The shadowy parallel court system of major trade agreements makes it difficult for countries to ban broad-spectrum insecticides.
The EU has exported 7000 tonnes of deadly pesticides – banned domestically – to Mercosur countries in 2018-2019, a study published by the Left group in the European Parliament has found.
CIDSE, MISEREOR and Greenpeace published a new legal opinion that proves that in order to provide effective protection of human rights and environmental standards, the agreement needs to be renegotiated.
The European Union is seeking meaningful commitments on climate change and deforestation from Brazil and other Mercosur countries by the end of 2021.
A Canadian mining company is suing Turkey for $1 billion at a secretive arbitration court over the cancellation of a mine project that was deemed disastrous for the environment.
Miner Alamos Gold said its Netherlands units will file an investment treaty claim exceeding $1 billion against Turkey for "unfair and inequitable treatment" with its gold mining project.