General Discussion
In reply to the discussion: Nation: "The Democratic Party’s Draft Platform Doesn’t Oppose TPP—That’s Bad Policy and Bad Politics [View all]AntiBank
(1,339 posts)(TPP, TTIP, TISA, and CETA)
http://www.democraticunderground.com/10027957446
Alfred de Zayas, the U.N.s Independent Expert on the Promotion of a Democratic and Equitable International Order, is assigned the task to apply the standards of international law to proposed treaties, to determine whether theyre in accord with international law. On Friday, June 24th, he issued his finding on three large proposed treaties regarding international trade among Atlantic countries: TTIP, TISA, and CETA. Earlier, on February 2nd, he had issued a similar finding on the proposed TPP treaty between Pacific countries, and his conclusion there was the same: that the proposed treaty violates international laws, and is inconsistent with democracy.
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Asymmetrical investment protection refers to the power that these proposed treaties grant to international corporations to sue (for alleged loss of their profits) nations that increase regulations to protect the safety of the public from toxic products, and from environmental harms, and that protect workers rights and other human rights that can also, in some circumstances, reduce corporate profits. Asymmetrical refers to the absence in the proposed treaty of any symmetrical power granted to a government to sue an international corporation that violates its laws to protect the public. De Zayas goes further than merely charging that these treaties are asymmetrical: he adds that, In case of conflict between trade agreements and human rights treaties, it is the latter that prevail. States must not enter into agreements that delay, circumvent, hinder or make impossible the fulfillment of human rights treaty obligations.