How is big business using the EU's trade and investment agreements to sideline people, planet and democracy?
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.
CEO just responded to the public consultation over the EU's plan to enshrine far-reaching rights for foreign investors in the proposed EU-US trade deal, rejecting the Commission's approach.
As the dust has settled after the European Parliament elections last month, we're taking another look at the election debates in several member states where excessive corporate influence on EU decision-making and other concerns about the role of lobbying in Brussels became a major theme. We have previously reported on Austria and Denmark, but in Germany and Spain there were also big breakthroughs in the level of debate about these important problems.
With the fifth round of EU-US negotiations under way this week in Arlington/USA, more than 120 organisations have rejected the corporate agenda in the TTIP negotiations in a joint statement released today.
Over 250 civil society organisations and networks including Corporate Europe Observatory have today called on the European Commission to open up the EU-US trade negotiations for public scrutiny.
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).
This 8-minute film presents some of the dangers of the investor rights within the proposed EU-US trade deal.
Today, a European alliance of over 50 civil society organisations will launch the Alternative Trade Mandate pledge campaign, calling on European Parliament election candidates to make EU trade and investment policy serve people and the planet, not just the profit of a few large corporations.
March 10-14th saw the latest round of the highly controversial EU-US free trade negotiations take place in Brussels. But while the industry's 50 leading CEO's, known collectively as the European Roundtable of Industrialists, proclaimed it their responsibility to ensure the deal was passed 'with as little noise as possible', citizens from both sides of the Atlantic had other, rather noisier ideas for the Belgian capital.
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.
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