A transatlantic corporate bill of rights – Investor privileges in EU-US trade deal (Matthias Reichl)

Vorbemerkung:

Das MAI (Multilaterales Abkommen für Investitionen) das wir Globalisierungsgegner bzw. -kritiker seit Ende der 90er Jahre – vorerst erfolgreich – gewaltfrei bekämpft haben wird wieder einmal geschickt in ein neues Vertragswerk eingepackt.

Unsere Warnungen von damals sind leider aktueller denn je! Die „großmächtigen“ Betreiber USA und EU – und v.a. die beteiligten Lobbies – haben aus den gewaltfreien Methoden unseres Widerstandes gelernt und ihre Strategien weiterentwickelt. Auch ihre neuerdings enttarnten Überwachungsmechanismen gehören dazu! Es geht heute wie damals darum, die Verteidigung grundlegender Rechte der Betroffenen – und damit den Rechtsstaat als gesamtes – auszuhöhlen und unwirksam zu machen.

Die EU-Kommission hat über diese und andere Bedenken und Bedrohungen hinweg die Verhandlungen ab 14.7.2013 gestartet.

Matthias Reichl

Begegnungszentrum für aktive Gewaltlosigkeit, Bad Ischl, Österreich

22.6.2013

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A transatlantic corporate bill of rights

Investor privileges in EU-US trade deal threaten public interest and democracy

3 June 2013

„A transatlantic corporate bill of rights“ – download from:

http://www.tni.org/briefing/transatlantic-corporate-bill-rights

This briefing analyses leaked proposals for so-called investor-state dispute settlement under the proposed EU-US deal and reveals a determined lobby campaign from industry lobby groups and law firms to grant unprecedented rights to corporations to sue governments for legislation and regulations that interfere with their profits.

The proposed Transatlantic Trade and Investment Partnership (TTIP) between the EU and the US will open the floodgate to multi-million Euro lawsuits from corporations challenging democratic policies to protect the environment and public health.

The proposal, which has come to light in leaked versions of the EU’s draft negotiating mandate for the transatlantic negotiations, would enable US companies investing in Europe to skirt European courts and directly challenge EU governments at offshore tribunals. EU companies investing abroad would have the same privilege in the US.

Such far-reaching investor rights would bring a corporate litigation boom – that has so far mainly affected developing countries – to the US and Europe. Investor-state disputes have risen thirteen-fold from

38 cases in 1996 to 514 cases in 2012, often involving millions of dollars and regularly undermining democratic policies. In both Uruguay and Australia, US-based tobacco giant Philip Morris has sued over health warnings on cigarette packets; Swedish energy multinational Vattenfall is seeking $3.7bn from Germany following a democratic decision to phase out nuclear energy; and US-company Lone Pine is suing Canada for US$250 million over a moratorium on controversial shale gas extraction (fracking) in Quebec.

EU member states plan to approve the mandate for the EU-US negotiations at the trade ministers meeting on 14 June.

Published by Corporate Europe Observatory and the Transnational Institute

June 2013–

Matthias Reichl, Pressesprecher/ press speaker,

Begegnungszentrum fuer aktive Gewaltlosigkeit

Center for Encounter and active Non-Violence

Wolfgangerstr. 26, 4820 Bad Ischl, Austria,

fon: +43 6132 24590, Informationen/ informations,

Impressum in: http://www.begegnungszentrum.at