CIDSE, MISEREOR and Greenpeace published a new legal opinion that proves that in order to provide effective protection of human rights and environmental standards, the agreement needs to be renegotiated.
The solution to the “regulatory chill” problem lies not in the cosmetic amendments to IIAs but in “supranational” legal regimes providing for full convergence of international investment law and human rights.
For many people affected by resource extraction, it is the prevailing legal regime that dis-embeds and disintegrates, because investment treaties can protect ventures that upend their lives with little scope for voice or redress.
The EU is due shortly to sign a major investment deal with China, but Germany in particular will be concerned that the sanctions may destabilise economic relations with China.
The European Commission should have concluded an updated sustainability impact assessment before the EU-Mercosur trade deal was agreed, an inquiry by European Ombudsman has found.
Hong Kong democracy activists have warned the EU it must not ratify its planned new investment deal with China at a time when Beijing is tearing up international obligations to the people of Hong Kong.