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Source: Democracy Now A draft agreement leaked Wednesday shows the Obama administration is pushing a secretive trade agreement that could vastly expand corporate power and directly contradict a 2008 campaign promise by President Obama. A U.S. proposal for the Trans-Pacific Partnership (TPP) trade pact between the United States and eight Pacific nations would allow foreign corporations operating in the U.S. to appeal key regulations Source: Public Citizen June 13, 2012 PUBLIC CITIZEN PRESS RELEASE After Two Years of Closed-Door Negotiations, Trans-Pacific Partnership Text Replicates Alarming Bush Trade Pact Terms That Obama Opposed as Candidate, and Worse WASHINGTON, D.C.– A leaktoday of one of the most controversial chapters of the Trans-Pacific Partnership (TPP) reveals that extreme provisions have been agreed to by U.S. officials, providing a stark warning about Source: Triplecrisis.com Kevin P. Gallagher Early on in his term, US President Barack Obama pledged that the Trans-Pacific Partnership Agreement (TPP) would be a 21st Century trade treaty. This week a copy of the proposed investment chapter of the deal was leaked, only to reveal that the US still remains behind the times. In these turbulent economic times for the world economy, what is Source: Theglobeandmail.com SHAWN McCARTHY – GLOBAL ENERGY REPORTER OTTAWA — The Globe and Mail Published Friday, Jun. 08 2012 Newfoundland and Labrador Premier Kathy Dunderdale has some new clout in her testy relationship with Prime Minister Stephen Harper, after a NAFTA panel ruled against Canada in a dispute with Exxon Corp. over a requirement to spend research money in the province. Unless Ms. Dunderdale agrees Source: Newsinenglish.no June 5, 2012 Norwegian authorities started defending themselves in an Oslo court this week against a challenge to their law that prevents the public display of tobacco products for sale. They’re up again the US-based tobacco giant Philip Morris, which claims the Norwegian law hinders free trade of a legal product. Norway has among the highest taxes on tobacco products and the Source: Institute for Policy Studies June 3, 2012 · By Sarah Anderson With about 200 activists from several countries, John Cavanagh denounced the firm for suing the government of El Salvador in retaliation for the denial of a mining permit. Institute for Policy Studies Director John Cavanagh spoke at a rally yesterday outside the Vancouver headquarters of the mining company Pacific Rim. Along with Source: Institute for Policy Studies June 2, 2012 Contact:Lacy MacAuley, (202) 445-4692, lacy@ips-dc.org or Sarah Anderson (202) 299-4531, sarah@ips-dc.org (WASHINGTON, DC) Institute for Policy Studies Director John Cavanagh sharply denounced a ruling by an international arbitration tribunal issued late yesterday accepting jurisdiction in a case brought by Canadian mining company Pacific Rim against the government of El Salvador. The company is demanding more than Source: Mining Watch Canada June 02, 2012 By Jennifer Moore Late Friday evening, a Washington-based tribunal threw out Pacific Rim Mining’s claims under the Central American Free Trade Agreement (CAFTA), but agreed to hear claims filed under El Salvador’s investment law. According to the Salvadoran National Roundtable against Metal Mining, the decision underscores why the tiny Central American country should withdraw from foreign tribunals Source: National Roundtable against Metallic Mining Late Friday afternoon, June 1st, 2012, information began to circulate about the decision released that same day by the ICSID concerning the suit filed by Canadian mining company Pacific Rim against the Salvadoran Government. The original source of the information was the Attorney General’s Office of El Salvador, however, their document didn’t seem to be an official statement, Source: News.in.msn.com Customarily, BITs provide for an alternative dispute resolution mechanism, through which an aggrieved investor may seek damages from the host state in an arbitral tribunal sitting in a neutral venue. Sanjeet Malik Thu, 31 May 2012 It appears that the Government of India may soon be sued by foreign investors to the tune of billions of dollars under its various bilateral investment |
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How they threaten communities and the environment, and how we can change them.
We provide this documentation from the ICSID web page for a critical analysis. It includes the list of cases that this tribunal has filed and managed historically and until 2009.
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