As members of 453 civil society organizations including trade unions, environmentalists, farmers, development advocates, and public interest groups from over 150 countries, we are writing today to express extreme alarm about the current situation of the negotiations in the WTO. We urge you to take seriously the need for the upcoming Nairobi Ministerial to change existing WTO rules to make the global trading system more compatible with people-centered development, and to forestall efforts by some developed countries to abandon the development agenda and replace it with a set of so-called “new issues” that actually are non-trade issues that would impact deeply on domestic economies and constrain national policy space required for development and public interest.
In this response to global civil society groups letter, UNCTAD Secretary General Mr M. Kituyi's share the concerns of global civil society groups on the implications of current investment regime and expressed hope that proposed reforms of international investment agreements and investor state dispute settlement system (ISDS) will help to improve them system.
On the occasion of UNCTAD World Investment Forum 2014, on October 13-16, Global Civil Society, in a letter to Mukhisa Kituyi, Secretary General of the UN Conference on Trade and Development (UNCTAD) and Member States of UNCTAD underlined various issues emerge from bilateral investment treaties (BITs) including investor state dispute settlement provisions. It called for a progressive role of UNCTAD to provide support to third world governments in framing alternative policies and remove major impediments to sustainable development created by international investment agreements (IIAs).
The number of disputes brought by investors under international investment agreements (IIAs) has been steadily increasing. This event organized by OWINFS, TWN and Public Citizen at the UNCTAD World Investment Forum 2014 looks at the implications of these disputes for sustainable development, and will discuss actual case studies in particular areas.
This OWINFS network's brief on the proposed Trade in Services Agreement (TISA), explains how the proposed TISA push more dangerous deregulatory policies on Financial services and endangers future financial regulatory capacity of governments.
On the occasion of Global Trade Summit convened by PSI and it's affiliates in Washington, D.C., on 15-17 September 2014, PSI and Our World is not For Sale (OWINFS) launched a new Special Report by Ellen Gould entitled "The Really Good Friends of Transnational Corporations Agreement" on the first day of the Global Summit. The report was launched with the objective to overcome the secrecy and complexity surrounding the negotiations on trade in services agreement (TISA) and bring it into the public sphere for a democratic debate.
The Public Services International, a global trade union federation reiterates its opposition to Trade In Services Agreement, in the backdrop of WikiLeaks release of TISA - Financial Services Annex text
In this critical blog Deborah James, Director, International Programs at the Center for Economic and Policy Research, writes on some of the key messages from the Global civil society, trade unions and people's movements on What's Going on at the WTO? Opportunities and Risks Before the 9th Ministerial Meeting.
Today, as governments meet in Geneva to negotiate a proposed Trade in Services Agreement (TISA), 341 organizations representing hundreds of thousands of people from nearly every developing and developed country, called on governments to abandon the talks. Among the endorsers were 42 major international and regional networks such as Public Services International (PSI), UNI Global Union, the European Federation of Public Services Unions (EPSU), the IndustriALL Global Union, the International Union of Food and Allied Workers (IUF), and the ATTAC European network. The letter was organized by the OWINFS network.
Speech of Martin Khor at OWINFS Panel at the WTO Public Forum, September 26, 2012 analyses what the future holds for the WTO, in particular in relation to the development dimension, and the interests of the developing countries.
The damaging effects of Bilateral Investment Treaties (BITs) and the investment chapters of North-South Free Trade Agreements (FTAs) were highlighted at a World Trade Organisation (WTO) Public Forum event on "Investment provisions and agreements: What is the right 21st century approach?" jointly organised by Our World Is Not for Sale Network, the International Trade Union Confederation (ITUC), and Public Citizen on Tuesday, 26 September 2012.
South Africa's Deputy Director General from the Department of Trade and Industry, Mr. Xavier Carim, remarked that 'South African government's experience has shown that there was no clear relationship between signing Bilateral Investment Treaties (BITs) and increased inflows of FDI' at a WTO Public Forum event on international investment agreements organized by OWINFS on 25 September 2012.
New York, 26 Jun (Bhumika Muchhala) -- The bailouts given to companies in developed countries have destroyed the framework of the multilateral trading system for a level playing field, according to the Nobel prize-winning economist Joseph Stiglitz.
Speaking at the UN conference on the global financial and economic crisis, Stiglitz said that the massive bailouts and stimulus programmes of the rich countries have "destroyed the framework for an international and multilateral global playing field for trade."
An eclectic crowd of nearly 1,000 filled the Crest Theater Monday night for the only public debate in conjunction with this week's international agriculture conference at the Sacramento Convention Center.
The European Union has been the driving force behind calls for an investment agreement through the WTO, with the European Commission claiming this will bring development benefits to recipient countries.