About the Project

The Network for Justice in Global Investment is a joint effort by citizens and organizations in a variety of countries to challenge one of the most anti-democratic aspects of the global economic order – the rules governing international investment. Read More.

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VOTE NOW FOR THE MOST EVIL CORPORATION OF THE YEAR!

Source: publiceye.ch

Philip Morris has been nominated by REDES for a Public Eye Award (for worst corporation of the year) for suing (under a bilateral investment treaty) the Uruguay government for its tobacco control measures to reduce smoking. Philip Morris is able to sue Uruguay because of the investor protection provisions in its bilateral investment treaty, the same provisions that are

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Capital Controls, Trade and Investment Treaties, and Development

Source: ase.tufts.edu/gdae/

Capital, both domestic and foreign, is an essential ingredient of economic growth.  However, in developing nations with relatively weak financial systems, capital flows need to be managed so as not to trigger financial crises.   Capital controls and other capital management techniques serve this end.  There is a new consensus within the economics profession in general and the IMF in particular that capital

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Letter on CETA and investor protection sent to Members of the European Parliament

Source: world-psi.org

Dear colleague,

We are writing to urge you to reject the inclusion of investment protection provisions, including an investor-state arbitration mechanism, in the proposed Canada-EU Comprehensive Economic and Trade Agreement (CETA). These provisions, based on NAFTA’s Chapter 11 investment rules, will clearly erode the ability of governments to act in the best interest of their citizens. Similar provisions

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U.S. Company Threatens Peru with Free Trade Lawsuit

Source: Upside Down World

Written by Milagros Salazar

Monday, 17 January 2011

(IPS) – The U.S. mining and metallurgical company Doe Run has once again challenged the Peruvian government. The Renco Group, of which it is a subsidiary, notified the government of its plans to start an international arbitration process, invoking the free trade agreement between this South American country and the United States.

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World Bank international arbitrations add to D.C. legal workload

Source: washingtonpost.com

By Amanda Becker

Monday, January 3, 2011

A recent explosion of cases before an arm of the World Bank Group that facilitates the resolution of international investment disputes has proven advantageous for area law firms, generating work for burgeoning practice groups that are largely based in the District.

Over the past few decades, international arbitration has come into favor as

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Renco mining group claims Peru violated US-Peru FTA

January 5, 2011

Source: bilaterals.org

Corporate press release from The Renco Group, Inc. and Doe Run Peru S.R.L.

Government of Peru’s actions toward Doe Run Peru said to violate trade treaty between United States and Peru

Renco Group files notice of intent to commence international arbitration

NEW YORK, Jan. 5, 2011 /PRNewswire/ — On December 29, 2010, The Renco Group, Inc., on its own

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Ecuador Proclaims Victory Against Murphy Arbitration Claim

Source: nasdaq.com

QUITO -(Dow Jones)- A Tribunal of the International Centre for Settlement of Investment Disputes said it can’t resolve an arbitration lawsuit from U.S.-based Murphy Exploration & Production Company against Ecuador.

The International Centre for Settlement of Investment Disputes, or ICSID, said it didn’t have the competence to deal with the dispute, according to a press release from Ecuador’s Attorney’s office.

Murphy filed

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Canada’s public water systems could be up for sale under CETA

December 21, 2010

Source: canadians.org

The Council of Canadians and The Canadian Union of Public Employees (CUPE) released a report last week raising serious concerns about the threat a trade deal with the European Union poses to Canada’s public water systems.

Public Water For Sale: How Canada will privatize our public water systems is a report to municipal, provincial and territorial governments regarding the

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Canada-EU trade talks put Canada’s water up for sale, says new report

December 16, 2010

Source: canadians.org

Ottawa, ON — Canada’s already challenged public water systems are under threat from a broad free trade agreement being negotiated by Canada and the European Union (EU). A new report released today, Public Water for Sale: How Canada will privatize our public water systems, warns that public water in Canada will be lost unless the provinces and territories take

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