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

TPP: Breaking ’08 Pledge, Leaked Trade Doc Shows Obama Wants to Help Corporations Avoid Regulations

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

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Controversial Trade Pact Text Leaked, Shows U.S. Trade Officials Have Agreed to Terms That Undermine Obama Domestic Agenda

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

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Tired of Waiting for a 21st Century Trade Agreement: Developing Countries, TPP, and Regulations Cross Border Finance

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

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NAFTA ruling puts another Newfoundland thorn in Harper’s side

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

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Norway fights legal challenge from international tobacco giant

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

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IPS Director Speaks Out at Pacific Rim’s Vancouver HQ

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

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World Bank Tribunal Ruling in El Salvador Mining Case Undermines Democracy

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

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Pacific Rim Mining Lawsuit Saga Prolonged; Costs Mount for Company and for People of El Salvador

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

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National Roundtable against Metallic Mining’s Statement in response to the ICSID Ruling the Pacific Rim vs. El Salvador case.

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,

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India plans to exclude arbitration clauses from BITs

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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