RCEP Melbourne EventsTrade Justice DinnerJoin AFTINET

Developing countries defend WTO rules and dispute settlement system in the face of US actions and call for more priority for development

May 16, 2019: Ministers from 17 key developing WTO countries met in Delhi on May 14. In a statement on WTO reform, issued after the meeting, they defended the WTO multilateral trading system based on consensus of 164 WTO members, while identifying multiple challenges facing it.

US-China tariff wars not the answer to an unjust global trading system

May 15, 2019: Grace Blakeley argues in the New Statesman that the latest Trump policy of 25% tariffs on more Chinese imports and China’s retaliation could result in global recession, and will not fix the unjust neo-liberal model of trade agreements that has not delivered promised benefits. She argues in recent longer report for more equitable national economic policies and a fairer global trading system.

Adani’s threat to sue should not deter decisions to protect the environment says legal expert

May 9, 2019: UNSW legal researcher Dr Jonathan Bonnitcha has confirmed AFTINET’s concerns that the Adani mining company could use the Investor-State Dispute (ISDS) process in the India-Australia Bilateral Investment Treaty to claim compensation of billions of dollars from the Australian government if its mining licence is cancelled for environmental reasons.

Report shows mining companies use ISDS to undermine indigenous rights and environment in Latin America

8 May, 2019: A new report by the Institute for Policy Studies, MiningWatch Canada, and the Center for International Environmental Law examines all 38 known Investor-State Disputes that have been brought by mining companies against governments in Latin America. The companies are using special rights in trade and investment agreements to sue governments in international tribunals for billions of dollars in compensation for court decisions, laws and public policies that they claim reduce the value of their investments. Many of these laws and policies protect indigenous land rights, health or the environment.

Pages