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.
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).
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
Overall “Bali Package” is a Setback for Development; Post-Bali Agenda Must Urgently Focus on Permanently Removing WTO Obstacles to Food Security, Urges Global Civil Society "Our World Is Not for Sale" network in this press release soon after the 9th WTO Ministerial in Bali, Indonesia.
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.
After many failed Ministerial meetings and nearly twelve years of negotiations, the Doha Round of WTO expansion is at a crossroads. Developed countries have pushed aside agreements to negotiate on key developing country issues intended to correct the imbalances within the existing WTO, which formed the basis of the development mandate of Doha.
Even worse, developed countries appear to be re-packaging the same liberalization and market access demands of their corporate interests to create a “new trade narrative” towards gaining agreements at the upcoming 9th Ministerial in Bali.
In this statement with specific demands Our World Is Not for Sale (OWINFS) network asserts that in addition to a long-term transformation of the global trade and economic architecture, immediate changes must be made to WTO in order to provide countries more policy space to pursue a positive agenda for development and job-creation, food security, sustainable development, access to affordable healthcare and medicines, and global financial stability.
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.
Today, as governments meet in Geneva to negotiate a proposed Trade in Services Agreement (TISA), 345 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.
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.