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NGO: Ireland Must Ramp up Corporate Tax Efforts
March 17, 2017
The nongovernmental organization Oxfam Ireland has published a report calling on the Irish government to reform the country's tax system to clamp down on businesses using treaties with other jurisdictions for tax avoidance and to promote international tax cooperation to force companies to pay for the fulfillment of the global human rights agenda.
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Lawyer Pushes BHR Due Diligence in New Zealand
March 17, 2017
Human rights lawyer Rebecca McAllum has called on businesses in New Zealand to adopt provisions of the UN Guiding Principles on Business and Human Rights (BHR) relating to performing comprehensive "due diligence" assessments of their BHR impacts to manage reputational and legal risks and to fulfill a "precondition" to entering many global markets.
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EU Parliament Calls for Controls on Drug Pricing
March 16, 2017
In a recent resolution expressing concern regarding rising drug prices in the EU, the European Parliament calls for EU legislation aiming "to rebalance the negotiating power of EU member states compared to that of the pharmaceutical industry" and to introduce "effective controls" on corporate procedures used to determine drug prices.
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EU Investment Tribunal Reform Fails to Satisfy Activists
March 16, 2017
A recent consultation by the European Commission on its plans to replace "investor-state dispute settlement" systems in future trade deals with a Multilateral Investment Court, aimed at replacing ad hoc decision-making with a permanent dispute-settlement structure, signaled disappointment with the lack of ambitious reform in the EU proposal.
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Shipping Industry Prefers UN to EU Emissions Solution
March 16, 2017
The website Climate Home reports that the maritime industry is criticizing the European Parliament's call to include ships in the EU's regional Emissions Trading System beginning in 2023 to reduce emissions from the shipping sector, advocating instead for a global solution regulating emissions from the UN's International Maritime Organization.
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