According to our sources, the European Union (EU) delegation to the United Nations General Assembly’s Fifth Committee, which deals with budgetary matters, is trying to eliminate the financing of the Human Rights Council’s intergovernmental working group (IGWG) mandated to draft a legally binding instrument on transnational corporations (TNCs) and human rights...

This recent attempt of the European Union in the context of the Fifth Committee is in line with its long-term strategy, which seeks to prevent any discussion focused on regulating TNCs...

The Global Campaign to Reclaim Peoples Sovereignty, Dismantle Corporate Power and Stop Impunity [...] call[s] on:

1. Civil Society and social movements from Europe and other regions to denounce and mobilize against this attempt in their own countries.

2. The European Union to renounce this attempt [...] and to participate constructively in the work of the IGWG as repeatedly urged by the European Parliament.

3. The United Nations member states to firmly reject this attempt to eliminate the intergovernmental working group’s financing.