Combined with the dispute settlement mechanism of international arbitration, investment treaties have been transformed intol "weapons of legal destruction."
The attempt by the European Parliament administration to exert pressure on a tweet on the EU-Japan trade agreement shocked MEP Younous Omarjeee, who condemned this as an attack on freedom of expression.
Free trade has enabled a few companies to secure monopolies or near-monopolies, which has given rise to massive inequalities.
The Chamber of Deputies approved the request that the Government has to review in detail each and every treaty signed by Chile, as well as future agreements.
The Regional Comprehensive Economic Partnership involving 16 nations from Asia-Pacific will impact the lives of over three billion people, yet a new study reveals how the deal fails international standards of transparency and public engagement.
With a global trade war looming and public faith in corporate globalization at an all-time low, secrecy in trade deals cannot be accepted. People have a right to know what is being negotiated in their name.
Globalisation is in crisis because of its almost totalitarian outreach to all areas of everyday life. People feel a loss of control, because their way of life is perceived as subject to trade requests solely for the benefit of globally acting firms.
The takeaway from the UNCITRAL’s process for its so-called "reform" discussions is that lawyers making millions in ISDS cases are welcomed, while the voices of the millions of people whose lives are harmed by ISDS cases brought by multinational corporations are barely an afterthought.
Following calls for openness and public participation, the European Commission now advertises its trade negotiations as transparent and inclusive. But crucial information about EU trade deals are still kept from citizens. Even member state governments regularly complain about being left in the dark. At the same time, corporations continue to call the shots on EU trade talks.
Although advances have been made in some chapters, reports suggest that virtually the whole of the agreement’s IP chapter remains up in the air.
We urgently need a new trade regime which can help address global challenges and tackle problems like accelerating climate change, a broken agricultural model and loss of trust in democratic processes.
I thought it would be both exciting and challenging to follow clients into this new area of investment claims practice. What I didn’t know was that I was entering the Wild Wild West of international practice.
Profit is king. People are the pawns, and the Government will seem to be in favour of supra-national conglomerates if it signs this “new” TPP inclusive of the ISDS.
Why are countries so gripped in their quest for economic growth that they are empowering multinational corporations at the expense of their citizens?
It is now time we open up the dialogue on the kind of trade agreements that we want to see in place.
This legislation for post-Brexit Britain is not just bad law, it’s dangerous, allowing for deals without parliamentary scrutiny.
We stand against the plunder of peoples’ resources by multinationals and financial capital and against all forms of discrimination and racism.
"The government may prevent us from coming to Buenos Aires, but they won’t stop us from mobilizing our local communities," said one organizer whose visa was denied.
Activists are keen to see what is happening in detail throughout the negotiations, not just some top-level view at the start, or the initial textual proposals for each chapter, but nothing afterwards.
The current global trade and investment regime imposes high social and environmental costs on people and planet.