| Mi., 25.10.2017 |
| English, Konzernkritik, UN Binding Treaty |
Toward global Regulation on Human Rights and Business
Trade and investment protection agreements facilitate business enterprises‘ access to markets and raw materials, and protect investor interests with enforceable rights. Although human rights are a cornerstone of international law, so far there are only voluntary guidelines to safeguard them within the activities of global enterprises. This needs to change; human rights need a mandatory commitment. This is where the „UN treaty process“ comes in. It offers the chance for binding international regulation of global business: Since 2015, an intergovernmental working group has been negotiating an international human rights treaty that is binding for the contractual parties, outlines clear rules for business enterprises and strengthens access to justice for affected parties. The Treaty Alliance Germany – a coalition of organizations supporting such an approach – have formulated demands in a new position paper.
