HOME >> BIOLOGY >> NEWS
NAFTA arbitrators in environmental case agree to formal public input, a first for trade hearings

The decision by a NAFTA tribunal to accept and formally consider public submissions in a major environmental case represents a precedent-setting "triumph for openness" in international trade and investment arbitration, says the Canadian-based International Institute for Sustainable Development.

IISD has won a 3 year battle to take part in NAFTA hearings this year into claims by Methanex Corporation that California violated guarantees of investors' rights when it banned a polluting gasoline additive manufactured in Canada. Methanex, of British Columbia, says its NAFTA Chapter 11 rights were violated when the state banned MTBE, a suspected carcinogen.

The breakthrough, communicated to IISD late Friday, was welcomed by the Institute's President David Runnalls as another new breach in the walls that have surrounded international trade and investment arbitration cases, until now conducted secretly "in-camera" with investors and governments as the sole participants.

Said Mr. Runnalls: "We set out in August 2000 to address the procedural deficiencies of the investor-state arbitrations, as well as concerns about rights accorded to investors under NAFTA's Chapter 11. This precedent-setting Tribunal decision builds on previous breakthroughs that opened the hearings to the public, thus making the process more transparent. Now the hearings are open for public input as well. The decision addresses almost all of our original procedural goals and we welcome this news.

"We look forward now to participating in the process of getting the interpretations of NAFTA's Chapter 11 right. Foreign investment is critical to achieving sustainable development today. But foreign investor rights that take priority over the right of policy-makers to govern and legislate in the area of sustainable development are self-defeating.

"Our goal is to leave the Tribunal with a strong and clear impression of what is at stake, and how appropriate interpretatio
'"/>

Contact: Terry Collins
collins1@sympatico.ca
416-538-8712
International Institute for Sustainable Development
2-Feb-2004


Page: 1 2 3 4

Related biology news :

1. Research suggests unborn children may be at risk from environmental pollution
2. Will a reduction in military spending improve our environmental future?
3. 8 environmental stewards win $900,000 in biodiversity awards
4. Chemical Society announces EPA awards for environmentally friendly technology
5. Is that plant a tortoise or a hare? Answer predicts its response to environmental change
6. Ancient Greeks help scientists build environmentally friendly nano devices
7. Comprehensive study: We know little about environmental effects on kids
8. Geoenvironmental researchers to join Technium
9. New environmental journalism website holds more than 700 articles in three languages
10. Viruses may be environmentally friendly decontaminants
11. UN study shows environmental consequences from ongoing boom in personal computer sales

Post Your Comments:
(Date:12/19/2014)... , Dec. 18, 2014 Research and ... the addition of the "iPhone 5S Fingerprint ... Report" report to their offering. ... the acquisition of AuthenTec in July 2012, Apple ... 5S. It is currently the only device of ...
(Date:12/19/2014)... and Markets ( http://www.researchandmarkets.com/research/86ncd6/micro_market ) has announced ... America Perimeter Security Systems Market" report to their ... The North American perimeter security market is estimated ... to 2019. Although the U.S. market holds a larger ... is expected to grow at a higher CAGR of ...
(Date:12/19/2014)... VIEW, Calif. , Dec. 18, 2014  23andMe, ... publication of a study that pinpoints fine-scale differences in ... United States . Since immigrants first ... the United States has served as a ... illuminates how American history and the ongoing mixing of ...
Breaking Biology News(10 mins):iPhone 5S Fingerprint Sensor - Apple/AuthenTec TMDR92 & Sapphire - Technology Report 2Micro Market Monitor: North America Perimeter Security Systems Market (Intrusion Detection Sensor, Video Surveillance, Communication/Alarm and Notification, Access Control System) 2Micro Market Monitor: North America Perimeter Security Systems Market (Intrusion Detection Sensor, Video Surveillance, Communication/Alarm and Notification, Access Control System) 323andMe Study Sketches Genetic Portrait of the United States 223andMe Study Sketches Genetic Portrait of the United States 323andMe Study Sketches Genetic Portrait of the United States 4
(Date:12/19/2014)... (PRWEB) December 19, 2014 Bioject ... developer and manufacturer of needle-free injection technology, today ... with Immunomic Therapeutics, Inc. (“ITI”) for ITI to ... with its LAMP™ vaccine platform. , In ... exclusive Worldwide license to the Biojector®-2000 that triggers ...
(Date:12/19/2014)... Lawrence, MA (PRWEB) December 19, 2014 ... flow MRLAFMQ test for the Detection of Aflatoxin M1 ... test to receive independent third party validation. The peer ... Science Unit of the Institute for Agricultural and Fisheries ... Francis Group. , Aflatoxin B1, the most toxic ...
(Date:12/19/2014)... BioPlus Specialty Pharmacy (BioPlus), one ... of Nick Maroulis, Pharm.D. to the newly created position ... In this position, Dr. Maroulis will continue to manage ... of our multi-site pharmacies as the company expands. Dr. ... that time he has served in many different capacities ...
(Date:12/19/2014)... , Dec. 19, 2014 Naurex Inc., ... novel drugs for diseases of the central nervous system, ... and chief executive officer, will present at the 33 ... presentation will take place at 3:00 p.m. PST on ... in San Francisco, Calif. ...
Breaking Biology Technology:Bioject and Immunomic Therapeutics Enter into an Agreement for License of Needle-Free Technology for LAMP-vax Vaccines 2Bioject and Immunomic Therapeutics Enter into an Agreement for License of Needle-Free Technology for LAMP-vax Vaccines 3Charm Sciences Achieves Independent Validation of First 15 Minute Quantitative Screening Method for Aflatoxin M1 2BioPlus Specialty Pharmacy Promotes Dr. Nick Maroulis to Vice President of Specialty Pharmacy Services 2Naurex to Present at 33rd Annual J.P. Morgan Healthcare Conference 2
Cached News: