As trade ministers gather for the second ministerial meeting of the Indo-Pacific Economic Framework talks, recent developments on the ground in Detroit indicate that politically powerful groups are watching with great anticipation.
Nowadays, the Netherlands has 75 bilateral investment treaties with countries all over the world, which mainly give multinationals a powerful instrument that has far-reaching consequences for people and the environment worldwide.
A new legal analysis lifts the lid on an attempt by the European Commission to “split” the EU-Mercosur trade deal, in order to approve the ‘trade’ part of the deal without the unanimous support of EU member states and without national ratification by parliaments throughout the EU.
Speakers at the United Nations Conference on Trade and Industry (UNCTAD) workshop have indicated that Special Economic Zones (SEZ) are crucial for pushing Africa’s industrialisation agenda in the context of the AfCFTA.
The EU will import more meat and other agricultural products - with them, emissions, deforestation, soil contamination and human rights abuses - while endangering local farmers’ livelihoods in the Mercosur region and in the European Union.
The still not yet ratified EU-Mercosur trade deal could be among the main keys to the rapprochement of like-minded democratic states as it would “make it clear that democracies when they work together, can solve global challenges,” said German Foreign Minister.