investor-state dispute settlement
Critics score against extreme corporate rights in TTIP, but must not be fooled by the Commission’s tricks
January 23rd 2014International trade
The European Commission's freeze in negotiations over dangerous corporate rights in the EU-US trade deal (TTIP) announced this week is an important first success for the growing anti-TTIP movement. But a closer look at the Commission’s line shows that it might just be a smart trick to dispel concerns.
The European Commission has repeatedly promised civil society that the ongoing Transatlantic Trade and Investment Partnership (TTIP) negotiations with the United States will not lead to a race to the bottom in terms of environmental protection, health and safety standards and consumer rights. The fear has always been that Europe would be forced to lower the bar to create a “level playing field” between the US rules and generally more robust EU regulations.
December 17th 2013International trade
As U.S. and EU trade officials meet in Washington this week for a third round of negotiations on the proposed Transatlantic Trade and Investment Partnership (TTIP) agreement, nearly 200 environmental, consumer and labor groups have urged EU and US officials not to include an investor-state dispute settlement (ISDS) mechanism in the deal. Corporate Europe Observatory is one of these groups.
EU-Canada Trade Agreement: More than 100 organizations oppose dangerous investor “rights” chapter in CETA
November 26th 2013International trade
The CETA “will include a controversial and unnecessary investment protection chapter and investor-to-state dispute settlement process (ISDS) that a growing number of countries are rejecting for good reasons,” says the transatlantic statement, which is endorsed by more than 80 organizations in the European Union, Canada and Quebec, including Corporate Europe Observatory.
Le mandat de négociation pour un accord étendu de libre échange avec les États-Unis révèle la volonté de la Commission européenne de renforcer autant que possible le pouvoir des entreprises transnationales. Le texte du mandat fait suite à une intense et longue campagne des lobbies de l’industrie et des cabinets juridiques pour que les grandes entreprises aient le pouvoir de contester les réglementations nationales et internationales si elles affectent leurs profits. Ainsi, les États membres de l’UE peuvent voir leurs lois domestiques visant à protéger l’intérêt général contestées dans des tribunaux ad hoc, secrets, dans lesquels les lois nationales n’ont aucun poids et les élus politiques aucun pouvoir d’intervention.
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