Colombian government representatives have called ISDS 'a bloodbath'. The UK should partner with Colombia to support human rights over the profits of the most unethical and extractive companies.
Encouraging news: Colombia is pushing to renegotiate its investment treaty with the UK, citing concerns that it favours foreign corporations over state interests. 🌍✊ #ISDS
https://t.co/3D7iUnm7Pv via @ft
Thread on the UK-Gulf trade agreement. It turns out the British public don't much like cosying up to repressive regimes with little economic benefit...
New briefing on the UK-Gulf trade deal: https://t.co/7ltFhd3uKx
Keir Starmer is in UAE today to push for a trade deal with the region.
Our new polling shows this trade deal lacks public backing, with the human rights record of the Gulf countries a major concern.
(1/4)
You love to see it. This is a great example that the UK should follow, these investment treaties obstruct human rights and climate action and have zero upside 😃
Kenya has terminated its Bilateral Investment Treaty with the Netherlands. A significant win for economic justice and environmental protection since these outdated treaties often prioritize corporate interests over public welfare. https://t.co/qGTmaAAv5H
Kenya has terminated its Bilateral Investment Treaty with the Netherlands. A significant win for economic justice and environmental protection since these outdated treaties often prioritize corporate interests over public welfare. https://t.co/qGTmaAAv5H
This article sets out - for the American context - some progressive, realistic, pro-rights trade policy thinking which @UKLabour can learn from as it sets out the UK's trade strategy.
https://t.co/2147YHrYWb
Valuable resource from @TNInstitute highlighting the damaging impact of ISDS on Latin America. https://t.co/BkWowDzsFO
UK should cancel its investment treaties, which bring no economic benefit and obstruct climate action.
As the world turns its focus to the @UNBiodiversity conference, we call on the UK to work with Colombia to scrap the UK-Colombia bilateral investment treaty, to protect human rights and the environment.
#COP16Colombia#biodiversity#EndISDS
https://t.co/EeAieStBMn
This is why the UK needs to come to an agreement with other countries to neutralise the 'sunset clause' of the Energy Charter Treaty. Despite leaving the Treaty, we are exposed to being sued by fossil fuel companies for 20 years!
Exxon Mobile is suing the Dutch government for its decision to phase out gas exploration. It is doing so under the #ECT.
If the UK doesn't want to be vulnerable to being sued by fossil fuel companies in a similar way, it should #ExitECT and remove #ISDS from its trade deals.
📣NEW: UK must suspend trade talks and privileges with Israel, NGOs say 📣
Global Justice Now, @LPHR_Lawyers, @AmnestyUK, @WarOnWant and 20+ other orgs have written to @jreynoldsMP calling for an urgent review of trade relations with Israel 🧵
https://t.co/F03HKXiDFd
Great article on the importance that African countries benefit from the mineral wealth that they hold, as the world comes to rely on cobalt, lithium etc.
https://t.co/yuNZCL1pdw
📣Our Sept newsletter is out! You'll find out:
🗓️What the new Labour government's position on trade is now they’ve reached 2 months in office
🧑💼Who’s who in Labour’s trade policy
🗞️Further updates, events and job postings
Happy reading!
👉https://t.co/o1eIXdTeWT
Great analysis from @cleodierickard in @tribunemagazine as she calls for the UK to take a different approach to trade policy.
https://t.co/KAhwSc03Et
We need to move away from the discredited idea that free trade agreements are the key to economic growth.
@TradeJusticeMov Rushing into more Free Trade Agreement talks without a published strategy is nonsensical, and will continue the confusion and chaos of Liz Truss' time in charge of UK trade.
What should be in a strategy? See here: https://t.co/HlVbooTuLS (2/2)
Trade talks should only come *AFTER* the gov has made good on its promise to deliver a trade strategy. @TradeJusticeMov has been calling for years for a public statement of how UK trade will support higher social and environmental standards around the world. (1/2)
Boosting trade abroad is essential to deliver a strong economy at home. 🗺️
That’s why I’ve wasted no time taking stock of progress and getting ready to press on with trade talks with our international partners to spark economic growth in Britain.
Economic growth in Britain is hardly served by continuing Liz Truss' Free Trade Agreement programme.
The UK estimates that a deal with India will add around 0.2% to UK GDP by 2035.
These rushed, low-standards deals are not a strategy worth pursuing.
Secretary of State @jreynoldsMP has announced the government’s intention to deliver trade negotiations with international partners, while putting UK businesses and economic growth at the centre of our new trade strategy 👉 https://t.co/3bPChrNTbA
The transition to a fairer and greener UK, which responsibly engages with the world, cannot be achieved without reassessing our approach to trade. Seven trade policy priorities for the next government. New blog from @thomasrhwills@TradeJusticeMov https://t.co/JhhX5KLPtN
Delighted that @ArthurNeslen covered this important story - the #ISDS system is being used by fossil fuel companies to fight climate laws. If we are to make progress against climate chaos, this system must be dismantled.
(the UK has signed 83 trade deals containing ISDS) 🫢
“The data backs up what we’ve been saying for years: #ISDS is the secret weapon for #FossilFuel companies against climate laws." @thomasrhwills
New data analysis by @TradeJusticeMov @TNInstitute and @PowerShift_eV shows staggering trends.
https://t.co/OcsV6djKyE
We @TradeJusticeMov have just launched our 2024 manifesto for trade justice, calling on all UK parties to support our recommendations for a trade policy which works for people and planet.
👇🗳️
🚨As we approach the #GeneralElection we lay out how the next UK Government could build a trade system which works for people and the planet.
Read our manifesto for trade justice 👉 https://t.co/qx4qSiQ2np
#GeneralElectionJuly4th2024#GE2024