investor-state dispute settlement
Updated: A transatlantic corporate bill of rights - investor privileges in EU-US trade deal threaten public interest
The EU negotiating mandate for a far-reaching free trade agreement with the US reveals the European Commission’s plans to enshrine more powers for corporations in the deal. The proposal follows a persistent campaign by industry lobby groups and law firms to empower large companies to challenge regulations both at home and abroad if they affect their profits.
February 6th 2013International trade
Labour, environmental, Indigenous, women's, academic, health sector and fair trade organizations from Europe, Canada and Quebec representing more than 65 million people are demanding that Canada and the EU stop negotiating an excessive and controversial investor rights chapter in the proposed Comprehensive Economic and Trade Agreement (CETA). The groups issued a joint statement today ahead of a two-day meeting in Ottawa between European Trade Commissioner Karel De Gucht and Canadian International Trade Minister Ed Fast, where the two hope to move the CETA negotiations into the final stages.
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