1. Countries will be required to treat foreign investors at least as well
as domestic ones(regardless of the local economics situation)
2. Governments will not be allowed to create or enforce laws that require
investors to invest locally, or hire locally.
3. Restriction on the movement of capital between countries will be banned.
4. Corporations will have the right to sue countries if they violate this
agreement (ie. countries get treeted like private legal entities)
Apparently, the details of this treaty have been hammered out for the last
3 years in secret meetings in Paris.
Has anyone else heard of MAI? Any comments?
Geoff.