The UK-Colombia investment deal is letting British companies undermine human rights and the environment, using shadowy 'corporate courts'.
Colombia is facing a total of $13 billion in cases. In most, mining companies are suing in direct response to action the government has taken to protect fragile ecologies and the rights of Indigenous peoples.
The treaty's initial ten-year term has now ended. Tell the minister to take this chance to work with Colombia to terminate the deal.
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The Colombia-UK Bilateral Investment Treaty contains the controversial investor-state dispute settlement (ISDS) mechanism, also known as 'corporate courts', which allows corporations to sue governments for policies they allege damage the value of their investments. Find out more in our campaign briefing:
- Scrap the UK-Colombia investment treaty: how corporate courts let UK companies undermine human rights and the environment, Global Justice Now and others, October 2024
Photo: The Cerrejón coal mine in Colombia, which has been the subject of four ISDS claims in seven years against the country. (Credit: Hour.poing/Wikimedia Commons, CC BY-SA 3.0)