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The Dangerous Expansion of NAFTA Investor Protections Through the FTAA and WTO

World Trade Organization | So Much for Those World Trade Talks | WHAT WE STAND FOR | Preserving and Advancing Food Sovereignty and Food Security | Stopping Corporate Globalization and Promoting Trade Justice |


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Many people would be surprised to learn that their government has, in many ways, given up its sovereign right to pass laws protecting citizens' health, the environment, and labor rights. They would likely be more surprised to find out that the wheels are in motion to enact trade agreements that further threaten democracy by granting additional rights to giant multinational corporations (MNCs). This, however, is the frightening reality underlying trade agreements that are currently being negotiated. If multinational corporations succeed, new investment agreements under the World Trade Organization (WTO) and the proposed Free Trade Area of the Americas (FTAA) will ensure that democracy is further eroded in exchange for corporate profit maximization.

It is not surprising, however, that the average citizen is not aware that the current situation is unfolding. This is no accident. The negotiations are undemocratic, they lack transparency, and they are being conducted without input from the very citizens whose lives will be affected. It is ultimately in the interest of MNCs to hasten the progress of such negotiations without interference from civil society, as such propositions would likely be met with strong resistance in the face of a public dialogue.


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