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.
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.
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
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.