no más privilegios para las grandes empresas en la omc
Summary
A position paper by Friends of the Earth International from August 2003 urging WTO member states to reject negotiations on a multilateral investment agreement at the upcoming Ministerial Conference in Cancún, arguing such an agreement would prioritize corporate rights over public interest and environmental protection.
Key insights
- Friends of the Earth International opposes the initiation of investment negotiations at the WTO, arguing that such agreements grant excessive rights to multinational investors at the expense of citizens, communities, and the environment.
- The organization warns that 'non-discrimination' rules in investment agreements can be used to challenge environmental laws, protect corporate control over natural resources over indigenous rights, and force the privatization of public services like water.
- Existing investment frameworks are cited as threats to public interest, specifically noting that NAFTA Chapter 11 has been used to successfully challenge environmental protections in Canada, Mexico, and the United States.
- The document highlights the negative impact of bilateral investment treaties in Argentina and Bolivia, mentioning a case in Cochabamba involving the privatization of water by the company Bechtel.
- The paper disputes the claim that foreign direct investment (FDI) automatically leads to sustainable development, citing a 2003 UNDP report that found no clear correlation between FDI volume and development prosperity, and noting that over 70% of FDI in developing countries during the 1990s consisted of mergers and acquisitions.
- Friends of the Earth International calls for the revision of existing WTO rules, specifically GATS Mode 3 (commercial presence) and the TRIMS agreement, which they claim restrict the ability of governments to implement local development and environmental policies.
- The organization advocates for the creation of binding multilateral norms to hold transnational corporations accountable, but insists these must be negotiated in social and environmental forums rather than within the WTO.
Cite the original document
- APA
- Friends of the Earth International (2003). no más privilegios para las grandes empresas en la omc. https://www.foei.org/wp-content/uploads/2020/12/investment-spanish-final-letter.pdf
- Chicago
- Friends of the Earth International. no más privilegios para las grandes empresas en la omc. 2003. https://www.foei.org/wp-content/uploads/2020/12/investment-spanish-final-letter.pdf.
- Wikipedia
- {{cite press release |author=Friends of the Earth International |title=no más privilegios para las grandes empresas en la omc |date=August 2003 |url=https://www.foei.org/wp-content/uploads/2020/12/investment-spanish-final-letter.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{friendsoftheearthinternational2003privilegios, author = {{Friends of the Earth International}}, title = {{no más privilegios para las grandes empresas en la omc}}, publisher = {Friends of the Earth International}, year = {2003}, month = aug, url = {https://www.foei.org/wp-content/uploads/2020/12/investment-spanish-final-letter.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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