(24.06.2016)
Brexit has created the potential greater democratic control of trade deals. And we must ensure we use that to craft a trade policy that is geared to justice for the many rather than profits for the few.
Nachrichtenagentur Radio Utopie
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(24.06.2016)
Brexit has created the potential greater democratic control of trade deals. And we must ensure we use that to craft a trade policy that is geared to justice for the many rather than profits for the few.
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But the need to fight European elections – taking place on 23 May – has led 34 of the party’s candidates to say that this ambiguity is no longer sustainable.
Around 100 MPs from across the party agree with them.
They want a clear commitment to a referendum under all circumstances.
The European Court of Justice (ECJ) today ruled that provisions for investor-state dispute settlement (ISDS, rebranded as ICS – Investment Court System) in the EU-Canada trade deal CETA are compatible with EU law.
This decision dangerously legitimises a mechanism that enables companies to claim multi-billion sum damages from governments that dare to stand up to their power. The ruling also comes as a blow to millions of citizens who have spoken out against this parallel justice system for corporations, most recently, more than 555,000 petitioners from all over Europe demanded an end to the ISDS system in all its forms.
The European Union-Canada free-trade agreement’s provisions to protect investors do not breach EU law, the European Court of Justice (ECJ) ruled on Tuesday in a major relief for proponents of the deal that came into force in 2017.
Each year, leaders of the international business and finance community gather in the American Museum of Natural History for a black-tie gala hosted by the Brazilian-American Chamber of Commerce. In the Milstein Hall of Ocean Life, under the blue whale, the attendees honor two „persons of the year“ — one Brazilian, one American — seen as best advancing the economic relationship between the two countries.