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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Same old, same old: the EU pushes ISDS 2.0Posted in category:NewsRoeline KnottnerusPublished on:
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Letter to Dutch Minister Sigrid Kaag on ISDS and new model BIT textPosted in category:Published on:Statement
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Civil Society Statement on the EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA)Posted in category:Published on:Statement
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The EU-Indonesia CEPA negotiations Published on:Roeline KnottnerusPosted in category:PublicationRoeline Knottnerus
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Fifty years of ISDS: more than $US 100 billion claimed via the NetherlandsPosted in category:NewsRoos van OSPublished on:
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50 years of ISDS Published on:Bart-Jaap VerbeekPosted in category:PublicationBart-Jaap Verbeek
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ICAR and SOMO launch project ‘Challenging corporate capture within international trade and investment settlement mechanismsPosted in category:NewsSophia LinPublished on:
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Human rights as a key issue in the Indonesia-EU Comprehensive Economic Partnership Agreement Published on:Rachmi HertantiPosted in category:PublicationRachmi Hertanti
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Indonesian giant sea wall project pseudo-solution for Jakarta BayPosted in category:NewsPublished on:
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Social justice at bay Published on:Christa Nooy (Both ENDS)Posted in category:PublicationChrista Nooy (Both ENDS)
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Fair trade coalition disappointed that European Parliament supports CETAPosted in category:Opinion
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Human rights must be integrated into international investment agreementsPosted in category:Published on:Statement
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