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
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