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Paperback Mai: The Multilateral Agreement on Investment and the Threat to Canadian Sovereignty Book

ISBN: 0773759468

ISBN13: 9780773759466

Mai: The Multilateral Agreement on Investment and the Threat to Canadian Sovereignty

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Format: Paperback

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If you liked NAFTA, you'll love MAI

MAI is an international trade treaty currently being negotiated among the world's richest countries in Paris. Think of it as the next generation beyond GATT and the World Trade Organization. MAI will allow foreign corporations and investors to demand cash damages before international tribunals for almost any government action, from local laws to consumer protections, that they claim are a threat to their profits. Laws like the Community Reinvestment Act, that requires banks to loan in local communiteis as a condition for setting up branches, would be forbidden. The investment boycott that helped end apartheid in South Africa, would be forbidden. MAI will severely weaken the ability of governments to control the way foreign-based corporations behave toward their workers, the environment, or society in general. This is a more than must read.
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