ISDS Case Map
corporate interests
On the heels of an investment agreement between the two countries, Indian and Canadian business leaders are studying the feasibility of a free trade agreement, with the results expected by the end of the year, India's high commissioner said.
Senior members of the Bush administration and several US industry representatives were meeting today in Washington in order to devise a plan under which stalled free trade agreements (FTAs) with Panama and Peru might be quickly approved by Congress.
The Confederation of Indian Industry and Canadian Council of Chief Executives have agreed to set up a task force to study the feasibility of India-Canada Free Trade Agreement (FTA).
A seven-year legal battle by the US postal carrier United Parcel Service of America (UPS) against Canada, brought under a controversial free trade agreement, has been dismissed, but advocacy groups say a provision that allows corporations to sue for lost profits should be permanently dropped.
Caterpillar Inc vice president Tom Gales cited a major construction project the country is embarking on--the expansion of the Panama Canal--as one reason why the trade agreement is essential. The expansion is the world's largest public works project since the Three Gorges Dam was constructed in China.
European business leaders in Japan called on the European Commission and the Japanese government to begin talks on a broad economic agreement spanning trade, investment and other issues.
In testimony given Wednesday, May 16, before the United States International Trade Commission in Washington D.C., the Caterpillar Inc. (NYSE: CAT) vice president with responsibility for Latin America emphasized why a Panama Trade Promotion Agreement will be remarkably beneficial for the U.S., Panama and the region.
The US-Korea Free Trade Agreement (KORUS) continues the practice of corporate hijacking global trade negotiations to the benefit of transnational drug and tobacco companies, and at the expense of people's health. It threatens core protections for public health, long under fire from NAFTA's notorious Chapter 11.
Why would the business community be applauding an agreement that guaranteed workers' rights in FTAs -- something they'd been fighting against for years? Because they'd been given assurances, relative to American workers, "that the labor provisions cannot be read to require compliance with ILO Conventions."
The Kenya Association of Manufacturers (KAM) has warned that COMESA states will lose up to Ksh16.9billion ($241 million) annually if the Economic Partnership Agreement with the European Union is endorsed. "Is this a second colonization by the EU.....or economic slavery by the so-called developed world?" said Mr. John Ogam, member of the Kisumu KAM executive Committee.
