The RCEP has hidden costs for people’s lives
ASEAN member states must end policies, laws and institutional practices, including free trade and investment agreements that violate the people’s rights.
Officials from ASEAN member states and other countries meeting in India this week for negotiations on the Regional Comprehensive Economic Partnership (RCEP) should take steps to ensure that the trade deal safeguards human rights, Southeast Asian lawmakers said today.
Labor unions and workers’ rights advocates fear that the secretive RCEP agreement will further erode workers’ rights in the Asian region, while strengthening the hands of investors who may be able to sue governments for changing laws such as setting minimum wages, that would erode their profitability.
The People Over Profit network together with local civil society organizations in the Philippines warn of intensifying corporate attacks on people’s rights and join calls for an independent, sovereign and peaceful Southeast Asian region.
Similar to the TPP, this trade agreement will institutionalise inequalities;it will severely curtail peoples’ rights and freedoms and cement corporate rights over national public interest law and the right of governments to govern in the interests of their constituents.
Secretive negotiations for the China-led Regional Comprehensive Economic Partnership or RCEP began in November 2012. The 13th round is being held at SkyCity in Auckland.
95 civil society organisations strongly and publicly urge countries negotiating the Regional Comprehensive Economic Partnership to reject ISDS in the agreement.
In the recent “RCEP 18th Round of Talks,” members of civil society organizations and social movements presented their positions vis-à-vis the RCEP.
Regional Comprehensive Economic Partnership trade deal would undermine environmental protections in Asia.
Philippine civil society groups and social movements stand together to oppose RCEP
The CTU is concerned that the "upgrade" of the New Zealand-China Free Trade Agreement has not removed the threat of investor suits against the New Zealand government.
The more far-reaching implication of RCEP is for Philippines’s sovereignty in regulating foreign investments
Trade unions, farmers groups, health activists, and other people’s movements are planning to organise a series of events to put pressure on the Government of India to withdraw from RCEP negotiations.
What can India do at the level of trade and diplomacy to deal with RCEP
After 30 years of neoliberal globalization, it has been increasingly acknowledged that austerity, privatization, deregulation of finance, markets and corporations, and trade and investment liberalization have had a devastating and discriminatory impact on women.
The Andhra Pradesh government will have to pay up $ 44.71 million in damages if it loses the case in the International Court of Arbitration (ICA) for cancellation of an agreement with UAE-based company Ras Al-Khaimah Investment Authority (RAKIA).
The RCEP will have the effect of locking in Vietnam - and all the other signatories - and prevent them from modifying or withdrawing investors’ rights they have granted, even if some years later they decide that granting those rights did not contribute to development in the country.
While India has not yet signed the Regional Comprehensive Economic Partnership agreement, it has accepted suggestions of other countries regarding rules on investments.
India may cut or eliminate tariffs on 80% of products imported from China under a 16-country free trade agreement, the last round of negotiations for which is underway in Vietnam.