July 3rd 2014International trade
The EU Commission’s plan to enshrine sweeping rights for foreign investors in the EU-US trade deal continues to draw heavy criticism. In response, industry lobby groups, law firms, and arbitrators have launched a tooth and nail defence of the business power grab. See through their propaganda with Corporate Europe Observatory’s guide to investment arbitration.
April 16th 2014International trade
At the end of March, the European Commission launched a public consultation over its plan to enshrine far-reaching rights for foreign investors in the EU-US trade deal currently being negotiated. In the face of fierce opposition to these investor super-rights, the Commission is trying to convince the public that these do not endanger democracy and public policy. See through the sweet-talk with Corporate Europe Observatory’s guide to investor-state dispute settlement (ISDS).
Profiting from crisis - How corporations and lawyers are scavenging profits from Europe’s crisis countries
Since the economic crisis hit Europe, international investors have begun suing EU countries struggling under austerity and recession for a loss of expected profits, using international trade and investment agreements. This is revealed by a new report released today by the Transnational Institute and Corporate Europe Observatory. The investors – and the lawyers involved – are scavenging for profits amidst crisis-hit nations, providing a salutary warning of the potential high costs of the proposed trade deal between the US and the EU, which start its fourth round of negotiations today in Brussels.
A trade deal between the EU and the US risks opening the backdoor for the expansion of fracking in Europe and the US, reveals a new report by Corporate Europe Observatory and other groups. As part of the deal currently being negotiated, energy companies could be allowed to take governments to private international tribunals if they attempt to regulate or ban fracking and the dangerous exploitation of unconventional fossil fuels. Campaigners are urging the EU not to include such rights in trade deals.
A Brave New Transatlantic Partnership: the social & environmental consequences of the proposed EU-US trade deal
October 4th 2013International trade
As the second round of negotiations on the EU-US trade agreement kick off in Brussels next week, a new report published by members of the Seattle to Brussels Network (S2B), including CEO, reveals the true human and environmental costs of the proposed deal. The report shows that the promises of job creation and growth are illusions; and that the real impetus behind a deal comes from major EU and US corporations that have joined forces to remove as many labour, health and environmental standards as possible in a devastating race to the bottom.