It is absurd to consider Chile equal to the European Union in terms of industrialization, education, or access to economic and social rights, as the treaty does.
Highlights from the workshop organised in Marrakesh by Attac Maroc, bilaterals.org, CADTM Africa, GRAIN and the Tunisian Observatory of Economy.
Billionaire Clive Palmer is using the Investor-State Dispute Settlement mechanism against Australia because the permits for a coal mining project were refused for environmental reasons, including their contribution to increased carbon emissions.
The EU-Mercosur free trade agreement is could be a disaster for the fight against plastic pollution.
The groups argue that removing ISDS — which has prioritized corporate rights over those of governments, people, and the planet — is needed to protect policies necessary for a clean energy transition.
The Investor-State Dispute Settlement regime to date has generated $47 billion in pending corporate demands for taxpayer compensation in claims against the 12 APEP nations’ climate, health, and other public-interest policies.
Terminating investment treaties and withdrawing advance consent to ISDS would allow governments to clear the path from problematic treaties centered on investment protection and ISDS, which in practice benefit unsustainable investment.
India has been pursuing a trade agreement with Peru since 2017. The two countries held the 6th round of negotiations last month and talks are scheduled to be held again in December.
Sri Lanka has started discussions on separate agreements on investment and trade with India and an attempt to join the Regional Comprehensive Economic Partnership has been hit by a lack of rules to admit new members.
India and the European Free Trade Association (EFTA) States, comprising Iceland, Liechtenstein, Norway, and Switzerland, recently completed the 20th round of negotiations for a Trade and Economic Partnership Agreement (TEPA).
Vietnam’s prime minister said that they are willing to sign a foreign trade agreement with Türkiye as relations between the two countries are at their peak.
Foreign invested enterprises make up the majority of Vietnam’s export turnover of high-revenue products. Meanwhile, Vietnamese enterprises still mostly do outsourcing, and export raw materials or half-finished products.