Tagged: bilateral investment treaties
Neither foreign investors nor unelected tribunals deserve the power to trump democratically elected leaders.
The new U.S. model BIT does not go far enough to address the concerns that labor unions and environmental, development, and other nongovernmental organizations have raised consistently for many years.
Government efforts to finance job creation and other public goods can clash with subsidies restrictions in trade agreements.
The U.S. and India should not sign a treaty that will only serve the short-term interests of large corporations, and undermine the authority of governments to protect their people from financial crisis.
IPS participated in this Obama administration review process.
A report presented to the United States Department of State and the Office of the U.S. Trade Representative.