Trade Agreements Are Designed To Give Companies Corporate - TopicsExpress

Trade Agreements Are Designed To Give Companies Corporate Sovereignty Chevron is currently engaged in a controversial legal battle with Ecuador. The company initiated arbitration to avoid paying US$18 billion to clean up oil-drilling-related contamination in the Amazonian rainforest, as ordered by Ecuadorian courts. The case has been lambasted as egregious misuse of investment arbitration to evade justice. No wonder Chevron dedicated its complete contribution to the US governments TTIP consultation to investment protection, one of our most important issues globally (citizen.typepad/eyesontrade/2013/10/investors-are-increasingly-challenging-states-constitutional-court-decisions-in-investor-state-tribu.html) as they put it…in plane language: trade agreement would give a foreign company protection against domestic laws and a green light to do what they want in that country. Viva globalization…

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