Pakistan is the latest to start withdrawing from international treaties that give corporations the power to sue governments over environmental and public interest regulations.
It’s time to reconsider investor-state dispute settlement; inaction risks rising costs of shifting from fossil fuels to green alternatives.
This obscure treaty from the 1990s grants sweeping rights and protections to big energy investors – mainly fossil fuel companies.
20,000 civil society activists, trade unionists and environmentalists from throughout the Americas descended on Quebec City, where an alternative peoples’ summit was held.
The removal of investor–state dispute settlement (ISDS) from the renegotiated NAFTA was a critical victory but Canada, the US and Mexico continue to be enmeshed in an extensive web of bilateral and regional accords containing ISDS.
A FTA with the USA will be lopsided and threaten cottage industries in the country as well as informal jobs, which will negatively impact the lives of millions of working class Kenyans. Our markets will be swamped into oblivion by highly subsidized American goods.
Analysis shows that lobbying on FTAs has been dominated by a few very large firms, which experience large gains as a result of the entry into force of these agreements.
The EU is suspending plans for a trade deal with China, while reviving those for a pact with India, in a dispute on Chinese human-rights abuses.
India and the European Union are making joint efforts to seal a “connectivity agreement”, which could be an answer to China’s Belt and Road Initiative.
Spanish Prime Minister has urged the European Commission to do everything in its power to move forward and unfreeze progress on the Mercosur pact
Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal ahead of a virtual meeting between Prime Minister Boris Johnson and Indian leader Narendra Modi on Tuesday.
Recent articles published in The Post – Cambodia’s trade deficit to worsen to $2.3B per year with RCEP, says UNCTAD expert and Cambodia, ASEAN likely to teeter off balance with RCEP – raise a number of concerns about Cambodia’s possible membership of the free trade agreement.