February 28, 2003
CIEL, in its role on the Trade and Environment Policy Advisory Committee, helped shape TEPAC’s advice letters to Congress on the Free Trade Agreements with Chile and Singapore. In a separate statement attached to the report, CIEL argues that the investment provisions of the agreements are problematic and fail to meet the standard set by the Trade Act of 2002 that investment rules provide foreign investors with “no greater substantive rights” than those available to U.S. investors under U.S. law.
The statement is available in PDF format.
The press release from the United States Trade Representative regarding the planned free trade areas with Chile and Singapore is available on the USTR website.
For more information, please contact Marcos Orellana.