Corporations are increasingly using investment and trade agreements — specifically, the investor-state dispute settlement provisions in them — to sue governments.
Warnings about the human and environmental costs of “free trade” went unheeded. Now the most vulnerable Central Americans are paying the price.
The new Republican majority could complicate Obama's efforts to move forward on the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership.
At a time of multiple environmental and social crises and an unprecedented expansion in the power of transnational corporations (TNCs), it has never been more urgent to exert social controls over such powerful institutions.
IPS’ Global Economy project and others hold a congressional briefing on the 20th anniversary of NAFTA to reflect upon the agreement’s harmful effects on North American communities and the environment, and how negotiations for more free trade agreements threaten people everywhere.