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Interview: Why Can Corporate Interests Trump Sovereign Rights?

Online Publication Date: 02 May 2013

In an interview conducted on 23 April, The Real News Network (TRNN) spoke to international trade and investment expert, Chakravarthi Raghavan, who served as Chief Editor of South-North Development Monitor, SUNS , 1980-2005 and now as Editor Emeritus. Raghavan also formerly served as Editor of Third World Economics & Geneva Representative of Third World Network.

In the interview, Raghavan speaks about the need to transform the structure as well as the substance of the investor-state dispute settlement (ISDS) institution making up an important part of bilateral investment treaties (BITs) and free trade agreements (FTAs) being signed around the world.

Until that happens, the world will continue to see corporations claiming compensation for, or challenging, actions taken against them by governments even when those actions were taken in the public interest and/or on the basis of the corporationsí contractual, environmental, or other, violations.

The interview can be accessed through the link below

http://www.therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=9646




 

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