Do Trade Agreement International Investor Protections Imperil Local Communities and the Environment?
On Wednesday, March 28th Luis Gonzalez, a member of the National Roundtable against Metallic Mining ...
... are devastating to the well-being of rural communities and Indigenous peoples, while allowing private corporations to sue governments over hard-fought social and environmental protections.
Case in ...
... environment. Recently, 30,000 residents of Chubut signed a petition demanding their legislature approve a “Popular Initiative” that would expand and complement the environmental protections in the existing ...
... Agreement (FIPA) is now in force. This agreement provides substantial protections for Canadian investors in Mongolia, where there are already significant Canadian-owned mining assets.
These “investors’ ...
... with the domestic legal system.
Foreign investors can reduce the risk of investing abroad by ensuring that their investments benefit from the protections contained in investment treaties. This is not ...
... that the claimants were not nationals of Spain when they made investments in Venezuela; they obtained Spanish citizenship only a few years later. Hence, the respondent argued, the treaty protections did ...
... faith and to uphold human rights and environmental protections.
According to Delahunty, the difference between advocacy in the Philippines versus countries like New Zealand and Canada is that “we don’t ...
... off the supply due to a failure to pay bills during the crisis. The law firm Hogan Lovells warned that these measures “may encourage foreign investors to seek recourse under protections found in investment ...
... with few legal protections and constant threats of violence and legal persecution. These suits reveal profound injustice built into the system,” Jen Moore, Associate Fellow, Institute for Policy Studies. ...
... from such claims.
“While the future remains uncertain,” states Aceris Law, an international arbitration law firm, “the response to the Covid-19 pandemic is likely to violate various protections provided ...
... Corporations have used these rules repeatedly to demand compensation for environmental protections and other public interest laws and regulations that reduce the value of their investments.
The new ...
... protections that permits foreign firms to challenge government policies, laws and court decisions through private arbitration.Under the USMCA, this investor-state dispute settlement (ISDS) system will ...
... and health and environment protections into law. When mining companies use ISDS, they challenge not only state sovereignty, but also the few hard-won laws and decisions that allow communities to defend ...
... El Salvador it tried to use investment protections in the Free Trade Agreement between the US and Central America and the Dominican Republic (DR-CAFTA). To do so it set up a post-box address in the US ...
... due process and the legal right to response had been violated. In 2009, commerce group also filed a $100 million lawsuit against the government of El Salvador invoking foreign investor protections clauses ...
... reason to expect that the project permit would be granted, since similar pipelines have been built before. And as ridiculous as this sounds, tribunals have interpreted international investor protections in ...
... Pacific Rim, now known as Ocean Gold, for $315 million for supposed failure to carry out protections on investments on the part of the Salvadoran government. The Salvadoran prosecutor’s office responded ...
... protections,” the TPP and TTIP will pave the way for many more instances of investor-state settlements that allow companies to sue governments for billions through highly secretive hearings and supra-national ...
... El Salvador’s ban on mining in their country.
ISDS’s are undemocratic; proceedings take place behind closed doors and out of reach of concerned citizens.
Foreign investor protections in multilateral ...
... environmental protections.”
Since May 11, Cortez and Marcos Gálvez, President of the Association for the Development of El Salvador, have been sharing how their country’s sovereign decision to halt ...