Similar to the TPP, this trade agreement will institutionalise inequalities;it will severely curtail peoples’ rights and freedoms and cement corporate rights over national public interest law and the right of governments to govern in the interests of their constituents.
95 civil society organisations strongly and publicly urge countries negotiating the Regional Comprehensive Economic Partnership to reject ISDS in the agreement.
Secretive negotiations for the China-led Regional Comprehensive Economic Partnership or RCEP began in November 2012. The 13th round is being held at SkyCity in Auckland.
The Philippines has a web of investment treaties which severely constrain the government’s ability to regulate or close polluting mines, a legal straitjacket that will become even tighter if the EU–Philippines Free Trade Agreement and the Regional Comprehensive Economic Partnership (RCEP) proceed
Overall, the investment chapter is designed to give private parties the right to extract costly damages from governments that implement policies that harm profits.
New report shows that trade and investment deals like RCEP will further adversely affect the ability of the government of India to tax corporations effectively and fairly.
Officials from 16 countries will try to wrap up negotiations by the end of 2016 on integration in trade, services and investment under the Regional Comprehensive Economic Partnership (RCEP).
India is set to propose a non-legal and non-adversarial mechanism to resolve trade-impeding non-tariff measures among the 16 Regional Comprehensive Economic Partnership (RCEP) countries.
While RCEP was initially framed as an agreement that would be more flexible for low and middle income countries, there is evidence that some governments from industrialised countries are seeking to pursue aspects which would be very damaging for developing countries.
bilaterals.org has launched the "bilaterals.org podcast". It is a brief monthly recap of top news from the world of free trade agreements, who is pushing what, the impacts and social movement resistance against them all over the world. Produced in English for now (video with subtitles) - let us know what you think!