Investment policy sets out the rights and obligations of investors when investing abroad...
The issue with current investment policy is that it is regulated heavily in favour of foreign investors, granting them many rights, incentives and guarantees to ensure the profitability of their investment and little obligations to contribute to the wider economy let alone obligations to respect the social and environmental rights affected by their investment.
This is achieved through clauses contained in bilateral investment treaties, chapters in Free Trade Agreements (FTAs) and/or international investment contracts.
As a result of current investment policy, the benefits associated with investment often accrue mainly to the foreign investor, to a limited extent to domestic elites, and hardly ever to poor communities in developing countries.
In partnership with European NGOs, our aim is to push for changes in the regulation and governance of foreign investment to ensure that it benefits hosts states and if possible, poor communities in developing countries.