We wanted to draw your attention to--the threat that the investor rights rules in the Central America-Dominican Republic Free Trade Agreement (CAFTA) pose to important state and local laws and regulations that protect the environment and public health. Like Chapter 11 of NAFTA, the investor rights provisions of CAFTA give foreign corporations the power to demand payment from the U.S. when public interest protections affect a company's commercial interests.
Jane Harman: “We wanted to draw your attention to--the threat that the investor rights rules in the Central America-Dominican Republic…”
Editor's note · Context
Harman highlighted concerns about CAFTA undermining state and local protections for the environment and public health.
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