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.

Multimedia

Supreme Court recommends renegotiation of ISD clause

Source: English.hani.co.kr

Apr.26,2012

Controversial KORUS FTA clause could lead to ‘legal chaos’, says top legal body » The Supreme Court document titled, “Examination Opinion on the Investor-State Dispute Resolution Procedure for the South Korea-United States Free Trade Agreement”.

By Jung Eun-joo, staff writer

The Supreme Court submitted an opinion to the government in 2006 stating that the investor-state dispute system (ISD) in the

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Argentina’s critics are wrong again about renationalising oil

Source: The Guardian

Wednesday 18 April 2012

Mark Weisbrot

In taking back oil and gas company YPF, Argentina’s state is reversing past mistakes. Europe is in no position to be outraged

The Argentinian government’s decision to renationalise the oil and gas company YPF has been greeted with howls of outrage, threats, forecasts of rage and ruin, and a rude bit of name-calling in

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Pay the polluter $800 million! Trade deal injustice for the children of La Oroya.

Source: Friends of the Earth

Posted Apr. 16, 2012 / Posted by: Bill waren

“There is a silent epidemic here.  The effects on the children are not easily visible, but they have all kinds of serious health problems, and those will only get worse if the smelter reopens,” says Hugo Villa, a local doctor.

According to the Blacksmith Institute, a non-profit pollution think

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A brief introduction of the Doe Run / Renco vs Peru case.

Fact Sheet of the case prepared specially for this issue.

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Peru to look for new firm to operate Doe Run smelter -creditors

Source: Reuters.com

LIMA, April 12 | Thu Apr 12, 2012 2:05pm EDT

(Reuters) – A restructuring plan for Doe Run Peru’s sprawling La Oroya smelter has been rejected and creditors will look for another firm to operate it, a member of the board of creditors and the metals company’s manager said on Thursday.

The smelter has been idled since 2009 because of financial difficulties

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Speech of Conrado Olivera, member of Uniendo Manos Perú and Friends of la Oroya, at the 2012 Ecumenical Advocacy Days, in Washington D.C.

Conrado Olivera told of the struggles of local communities affected by years of pollution in the La Oroya Metallurgical Complex owned by the Doe Run Peru. He spoke about these injustices in the context of an investor–state investment dispute. A system that is increasingly tying the hands of governments and their efforts to implement public interest policies.

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Dossier of analysis, news and opinions about the Doe Run / Renco vs Perú

This dossier includes, among other things, a letter sent by 18 US Congresspeople to the US Secretary of State, Hillary Clinton, requesting that the government do not defend Doe Run; and the request by NGO Oxfam America to the Peruvian government that it stand by its decision not to concede to the re-opening of the Doe Run Peru (DRP) lead smelting plant in La Oroya.

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Multiple Countries Rejecting Investor State Dispute Settlement

[SOURCE: SIERRA CLUB CANADA] There appears to be a growing awareness in many countries, that NAFTA-style foreign investor privileges and their private “investor-state dispute system [ISD], which have been among the most controversial aspects of past US trade deals, should be rejected in trade and investment agreements, for example, into the Trans-Pacific Partnership (TPP) negotiations.

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TOXIC DOE RUN LEAD SMELTER COULD REOPEN IN LA OROYA

Source: Oxfamamerica.org

Apr 11, 2012

US Congress and NGOs urge Peruvian Government to keep smelter closed until company remediates site For more information, contact: Jessica Forres, Extractive Industries and Humanitarian Press Officer (202) 777-2914 (office) (202) 460-8272 (mobile) jforres@oxfamamerica.org

Washington, D.C. – International humanitarian organization Oxfam America calls on Peru’s government to stand firm against reopening Doe Run lead smelter in La Oroya, one

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Spotlight: Major Investor-State Cases Briefing Do Trade Agreement International Investor Protections Imperil Local Communities & the Environment?

Source: Public Citizen

Return to Investor-State Attacks

Public Citizen and Oxfam America, in cooperation Congresswoman Linda Sánchez and Congressman Raúl Grijalva, sponsored a briefing on March 28, 2012, where congressional staff and allies heard from community leaders from El Salvador and Peru and legal experts how investor-state provisions are being used by corporations to evade environmental and human rights obligations.

View Video Footage

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India seeks treaty revisions to deal with corporate suits

[SOURCE: INDIANEXPRESS By Subhomoy Bhattacharjee] Rattled by threats from foreign companies to drag India to international courts over breach of investment promises, the government is planning to erase a key clause in bilateral investment treaties that allows for international arbitration in order to protect itself.

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La Oroya reopening stalls again on new Doe Run Peru demands

Source: Mineweb.com

Although angry miners are protesting because of continued delays in the reopening of the La Oroya metallurgical complex, negotiations between Doe Run Peru and the Peruvian Government drag on.

Author: Dorothy Kosich

4 Apr 2012

RENO (MINEWEB) -

Peru’s Minister of Energy and Mines Jorge Merino Tafur says the U.S. parent of Doe Run Peru has made new demands to the Government

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April fool–but secrecy in Trans Pacific trade negotiations is no joke

[SOURCE: FRIENDS OF THE EARTH. By Bill Waren] The U.S. Trade Representative is demanding a NAFTA-style investment chapter. This would authorize big oil, mining multi-nationals and other global investors to circumvent domestic courts and sue governments before business-friendly tribunals.

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US Congressmen send letter criticizing Doe Run Peru

Source: Peruthisweek.com

By Manuel Vigo

March 30, 2012

READ THE LETTER

Eighteen congressional representatives from the U.S. sent a letter to Secretary of State Hillary Clinton and Secretary of the Treasury Timothy F. Geithner, to criticize the dealings of Doe Run in Peru.

According to El Comercio, the letter requested the U.S take action in solving the problem of lead contamination affecting the city

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Peru: Listening to La Oroya

Source: Oxfamamerica.org

Many of the activists from La Oroya have a child or other family member whose health has been affected by lead poisoning. Most are women. And while they don’t have the money or influence of a major corporation, they do have the ability to reach others and mobilize them to join the cause.

April 2nd, 2012 | by Anna Kramer

“Communication is

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Firestorm over Seoul: Lessons for the Trans Pacific Partnership

Source: Friends of the Earth

Posted Mar. 29, 2012 / Posted by: Bill waren

Two days ago, President Barack Obama returned from a state visit to South Korea. The trip coincided with the entry into force this month of the U.S.-Korea free trade agreement, which Obama touted as a “win for both counties” at a Seoul news conference. But the president’s statement is

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Renco Group Uses Trade Pact Foreign Investor Provisions to Chill Peru’s Environment and Health Policy, Undermine Justice (Analysis)

Source: Public Citizen

March 2012

This report examines an investor-state case brought against Peru under the U.S.-Peru FTA by the Renco Group Inc., a company owned by one of the richest men in America. The dispute relates to Renco’s investment in a metal smelter in La Oroya, Peru – which has been designated as in the top 10 most polluted sites in the

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US Suspends Argentina from Trade Preference Scheme

[SOURCE: ICTSD] President Barack Obama announced that the US would be suspending Argentina from its Generalized System of Preferences Program – which waives duties on thousands of imports from developing countries – for failure to pay arbitration awards in two disputes involving US investors.

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