Trade and investments
Trade and investment liberalisation are considered by many to be important instruments of development policy. In practice, global trade and investment regimes focus on securing profits for corporations and foreign investors above all else. Regulations which protect and benefit citizens, such as union rights, consumer and environmental protection, and financial regulation are described as barriers to investment and growth, rather than sound social policy. Many trade and investment agreements include investment protection and arbitration clauses that allow corporations to sue governments for policies that may adversely affect profits. A health warning on cigarettes, a ban on open-pit mining, and a plan to phase-out coal are but a few real examples of social policies that sparked the threat of corporate legal action. Transparency and democracy around trade and investment decisions is woefully lacking. Negotiations are conducted behind closed doors. Investment disputes are handled by private tribunals, rather than regular courts. SOMO examines a wide variety of trade and investment mechanisms, analysing their impact on society and sustainable development goals. We also study their implications for financial and other regulatory frameworks. We advocate for modern trade and investment policies that contribute simultaneously to social justice, sustainability, and just economic development. We stimulate political debate around planned trade agreements – like TTIP, CETA and TISA – that conflict with these goals.
Overview of articles
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Bend or break Published on:Bart-Jaap VerbeekPosted in category:PublicationBart-Jaap Verbeek
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Shell pressured Nigeria with ISDS process to obtain oil field OPL 245Posted in category:NewsBart-Jaap VerbeekPublished on:
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Opinion of the Advocate General of the European Court diametrically opposed to widely-supported criticism of international investment arbitrationPosted in category:NewsPublished on:
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No VIP rights for multinationals: human rights and environment first!Posted in category:NewsPublished on:
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SOMO and Oxfam Novib publication: Private sector development policies and instruments through a conflict lensPosted in category:NewsPublished on:
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Mark van DorpPosted in category:PublicationMark van Dorp
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The Netherlands will stick to special and one-sided legal protectionfor foreign investorsPosted in category:Opinion
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Civil society organizations urge fundamental reform at UNCITRAL’s ISDS discussionsPosted in category:Published on:Statement
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SOMO and IGJ call for a sustainable Indonesia-EU Comprehensive Economic Partnership AgreementPosted in category:Published on:Statement
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The People 20 conference: are our democracies compatible with financial globalization?Posted in category:NewsPublished on:
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5th round of CEPA negotiations: civil society calls attention to human rights and environmental concernsPosted in category:NewsBart-Jaap VerbeekPublished on:
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CETA: facts and myths Published on:Posted in category:Publication
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Public consultation platform launched to influence Dutch investment treatiesPosted in category:NewsBart-Jaap VerbeekPublished on:
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ISDS reform: The need for a substantive overhaul to investment protectionPosted in category:OpinionBart-Jaap VerbeekBart-Jaap Verbeek
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Welcome letter to Luis Gallegos Chiriboga: the new Chair-Rapporteur of the UN’s IGWGPosted in category:Published on:Statement
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How are things with ISDS? This week at the UN in New York.Posted in category:NewsBart-Jaap VerbeekPublished on: