How is big business using the EU's trade and investment agreements to sideline people, planet and democracy?
Following calls for openness and public participation, the European Commission now advertises its trade negotiations as transparent and inclusive. But crucial information about EU trade deals are still kept from citizens. Even member state governments regularly complain about being left in the dark. At the same time, corporations continue to call the shots on EU trade talks.
91 per cent of meetings held by UK trade ministers (10/2016 - 06/2017) and 70 per cent of meetings held by UK Brexit ministers have been with business, too often big business, interests. This corporate bias in ministerial access is part of an ongoing trend.
Brexit could become a cash cow for law firms that make millions when corporations sue nation states via trade and investment agreements. They're paving the way for Brexit-related corporate claims against the UK & touting the UK as a gateway for future investor claims against EU member states.
The European Commission is set to entrench the dangerous investor-state dispute settlement (ISDS) system, which foreign investors can use to subvert democratic decision-making. CEO opposes this attempt to establish a global super court for corporations.
Canadian mining company Gabriel Resources is using an investor-state lawsuit to push through its illegal toxic goldmine in the historical Romanian village of Roşia Montană. The claim foreshadows the multi-billion $ claims which could hit EU member states if the EU-Canada trade deal CETA comes into force.
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