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EU-Canada trade deal would unleash wave of investor lawsuits, analysis finds

European trade ministers set to discuss EU trade priorities on Friday have been warned that the Comprehensive Economic and Trade Agreement (CETA) with Canada would unleash a wave of corporate lawsuits against Canada, the EU and its member states, particularly in the mining and financial sectors.

Analysis finds EU-Canada trade deal would unleash wave of investor lawsuits

This first in-depth analysis of investor rights in the Comprehensive Economic and Trade Agreement (CETA) with Canada by T&E and 14 other environmental NGOs, citizens’ groups and workers unions from both sides of the Atlantic finds that CETA grants even greater rights to foreign investors than the North American Free Trade Agreement (NAFTA) – increasing the risk that corporations will use CETA to constrain future government policy. It would unleash a wave of corporate lawsuits against Canada, the EU and its member states, particularly in the mining and financial sectors.

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