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Article

1 Nov 2017

Author:
Global Campaign to Reclaim Peoples Sovereignty, Dismantle Corporate Power and Stop Impunity (Global Campaign)

The treaty on transnational corporations and human rights enters “negotiation mode”

The Global Campaign welcomes the end of a successful week of intense work moving towards decisive negotiations on a binding treaty on transnational corporations (TNCs) and human rights, despite challenges from the EU with support from the US.

More than 100 states and over 200 representatives of social movements, trade unions and civil society organizations were at the UN in Geneva during the third session of the UN inter governmental working group...

...[T]he Secretariat of the Human Rights Council confirmed that the working group does not need a new resolution and that it will go forward with its work until a treaty is negotiated.

...The Draft Report and Conclusions were approved by consensus and will be submitted for final approval to the UNHRC in March 2018...[T]he Elements paper towards a Treaty... remains open for further comment until the end of February and will ...form the basis for developing the zero draft treaty for the fourth working group session in 2018.

...The Global Campaign is fully committed to contributing to this process with proposals based on the experiences of affected communities and social movements.

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