Network for Justice in Global Investment

Eminent Jurists Say ‘No’ to Investor Right to Sue in TPP

leny — Wed, 16 May 2012 17:42:27 +0000

Source: Tpplegal.wordpress.com

By tpplegal on May 7, 2012

More than 100 jurists from New Zealand and other countries currently or potentially engaged in the Trans-Pacific Partnership negotiations, including some of their most eminent lawyers, have sent an open letter to the negotiators calling for the right of investors to sue governments directly to be excluded from the TPP.

To date, only the Australian government

Public interest groups issue strong critique of new US model bilateral investment treaty

leny — Wed, 16 May 2012 17:31:20 +0000

Source: Bilaterals.org

May 15, 2012

Click here for a pdf of the full critique.

(Washington, DC, May 10, 2012) Representatives of public interest organizations have released a strong critique of the Obama administration’s new model bilateral investment treaty (BIT). In a joint statement, nine investment experts who served on an official advisory body to the administration on this issue provide a point-by-point analysis of

Who Decides for El Salvador: The People or Pacific Rim?

leny — Tue, 15 May 2012 19:32:40 +0000

Source: Stopesmining.org

May 10, 2012

The defense of national sovereignty isn’t anti-development

May 3, 2012

San Salvador

The Canadian multi-national mining corporation Pacific Rim recently circulated a press release in the U.S. press, which was covered by some press in El Salvador, where the company claimed that the International Center for Settlement of Investment Disputes (ICSID) will rule before May 31st on whether the

Old trade deal wine in new bottle: U.S. model for Trans Pacific trade pact will generate investment lawsuits threatening the environment

leny — Tue, 08 May 2012 20:04:01 +0000

Source: Friends of the Earth

Posted May. 4, 2012 / Posted by: Bill waren

In 2001 William Greider, the famed progressive journalist, wrote about the North American Free Trade Agreement’s investment chapter in The Nation: “Multinational investors can randomly second-guess the legitimacy of environmental laws or any other public-welfare or economic regulation, including agency decisions, even jury verdicts…NAFTA’s arbitrators cannot overturn domestic laws, but

Bolivia Seizes Unit of Spanish Power Company Red Electrica

leny — Thu, 03 May 2012 15:02:05 +0000

Source: Bloomberg.com

By Veronica Navarro Espinosa – May 1, 2012

Bolivia is nationalizing the local assets of Spain’s Red Electrica Corp. (REE), giving the government control of the Andean nation’s power grid two weeks after neighboring Argentina seized its biggest oil company.

President Evo Morales signed the decree today, saying the Alcobendas, Spain-based company’s local investment was inadequate and energy should be controlled by