EPSU supports civil society letter UNCTAD in investor protection

In the letter sent to UNCTAD - UN Conference on Trade and Development (15 October) draw attention to the implications of investment protection treaties on the prospects for sustainable development in our countries and regions.

There are many Bilateral Investment Treaties (BITs), NAFTA, the Energy Treaty Charter or other International Investment Agreements.

The signatories urge UNCTAD - which is the organisation at the level of the United Nations that provides guidance and support for developing countries in deciding and negotiating their investment policy - to take a leading role in steering countries away from the unbalanced provisions of international investment treaties and to pursue alternatives.