Tuesday, November 11, 2008

Yash Tandon on Bilateral Investment Treaties (BITs) at the Norwegian Social Forum

On 8 November 2008, Dr. Yash Tandon, Executive Director, South Centre participated at a seminar about bilateral investment treaties (BITs) at the Norwegian Social Forum (Globaliseringskonferansen). Other panelists included Knut Solli from NHO (the largest Norwegian business/employer organization) and Audun Lysbakken – co-chairman of the Norwegian Socialist Left party.

The Norwegian government is currently in the process of developing BIT-models to be negotiated with developing countries. NHO obviously supports these treaties which will mean better opportunities for its member companies – Tandon naturally oppose them as they will diminish the political elbow space of the governments of developing countries.

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