TUCA Trade Resolution Congress 2015 – Unions For Trade Justice

TUCA Trade Resolution Congress 2015

The TUCA affirms its total rejection of the FTAs and IPPAs that are the epitome of predatory capitalism and continue on the agenda of neoliberal governments and corporations.

In particular we warn against the use of Investor-State Dispute Settlement (ISDS) system, which is a vital part of all IPPAs to force governments of the region to limit sovereign policies, subjecting them to expensive international requirements for alleged losses to corporations, resulting in more foreign debt, encouraging privatisation and reducing State investment in the protection of the majority.