Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-17-Speech-4-074-000"
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"en.20140417.7.4-074-000"2
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"Mr President, essentially this resolution is a free ride for European big business and an attempt to push through the speedy conclusion of a free trade agreement with Vietnam. Of course we have the obligatory nods towards human rights, access to medicine, animal welfare and the promotion of corporate social responsibility, here and there, but in essence it is a road[nbsp ]map for so-called mutual market opening, further liberalisation and privatisation ‘for fair conditions of competition to be guaranteed between Vietnamese and European undertakings’.
It calls for an investor-to-state dispute settlement mechanism, giving corporations the right to sue the government if it interferes with their insatiable greed for profit. It is under such a mechanism that the US oil company Occidental Petroleum sued the state of Ecuador and was awarded USD 2.3 billion for the termination of an oil production site in the Amazon.
It is not corporations in Vietnam that need their rights strengthened, but rather it is workers. Vietnam has not ratified ILO Convention 87 on Freedom of Association, and forced and child labour are reported to be widespread."@en1
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