Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-05-18-Speech-4-318-000"
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"en.20170518.35.4-318-000"2
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"Madam President, while there are a number of very positive suggestions in this resolution on the EU-Korea free-trade deal, I still abstained because of the proposals on setting up the special investor courts to replace the old ones. The new system would involve the setting up of special courts, outside the jurisdiction of national courts or the European Court of Justice, where investors could sue governments if they believe that the actions taken or the legislation adopted by those governments would put their investments at risk. Examples of this are where tobacco companies have successfully sued the Uruguay Government over public health legislation or where American waste companies successfully sued the Canadian Government when it tried to ban the export of toxic poly-chlorinated biphenyl (PCB) waste.
I strongly argue that we do not need special courts to protect investors. We do not have special courts to protect citizens’ rights, to protect the environment, or to protect human rights or workers’ rights. This week, the Commission launched a communication on harnessing globalisation and making it work for citizens. Giving the same level of protection to citizens, to workers and to investors would be a great start."@en1
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