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CAFTA’s extreme guarantees on foreign investor rights

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This week in Washington, D.C., in a closed World Bank hearing, a multinational mining corporation is arguing the first CAFTA environmental attack case. Using the controversial CAFTA investor rights rules that allow private firms to directly sue governments for policies they claim undermine their expected future profit, Pacific Rim Mining Corp is demanding hundreds of millions of dollars from El Salvador.

That’s right. Because of CAFTA’s extreme guarantees on foreign investor rights, this Canadian mining multinational can demand massive compensation from this small impoverished country. President Obama can help end this nightmare by fulfilling his pledge to purge extreme investor rights from U.S. trade policy and future trade pacts like the Transpacific Partnership (TPP), Obama’s first prospective trade deal, which will be negotiated in San Francisco later this month. More

U.S. Supreme Court in Citizens United v. Federal Election

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Trans-Pacific Partnership: Another NAFTA or Obama’s New Trade Model?

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Action Alert – Will the TPP be more of the same?
Trans-Pacific Partnership: Another NAFTA or Obama’s New Trade Model?

The TPP will be Obama's first trade agreement. Will he choose the disastrous NAFTA model or enact a new American Fair Tradel agenda?
Urge Congress to ensure any Obama trade deal moves away from the disastrous NAFTA model and toward a new American fair trade agenda


Candidate Obama promised to fix NAFTA and craft a new job-creating trade strategy going forward. He promised his trade agreements would put working people, the environment, family farms and consumers first. Now the moment of truth is upon us: the Obama administration has begun negotiations with seven Asian/Pacific countries on what could be its first trade agreement – known as the Trans-Pacific Partnership (TPP).

The usual suspects – Big Pharma, agribusiness giants and chronic offshoring multinationals – are hell-bent on more NAFTAs. And unfortunately, there are some in the administration happy to forget President Obama’s fair trade commitments.

Urge Congress to ensure that any Obama trade deal reflects his promises to ditch the NAFTA model and craft a new American trade agenda that works for us. More

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