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Still not loving ISDS: 10 reasons to oppose investors’ super-rights in EU trade deals

In January, in response to growing public concern over the proposed EU-US trade deal (Transatlantic Trade and Investment Partnership, TTIP), the European Commission announced it was halting negotiations over the deal’s controversial investor rights to conduct a public consultation on the issue. This was an important success for the growing anti-TTIP movement, which is unanimously opposed to the corporate powers in the deal. The consultation has now been published and the public will have until early July to participate. People in Europe should not miss this opportunity to tell the Commission (plus MEPs and member states) to axe the dangerous corporate rights in the deal once and for all. There are compelling reasons to do so...[T]he fact that corporations continue to commit grave human rights violations across the globe underlines the broader need to break with a system that has enshrined ever increasing rights and privileges for corporations without corresponding responsibilities...[Refers to Abengoa, Chevron, Eli Lilly, Lone Pine, Philip Morris, Occidental Petroleum, Vattenfall.]

Part of the following stories

Corporate Europe Observatory concerned EU-US trade deal would give excessive power to investors, compromise public health & environmental regulations

Transatlantic Trade and Investment Partnership (TTIP): Background & commentaries on social & environmental impacts