M A I - Multilateral Agreement on Investment
a debate requested by Die Republikaner
The Landtagsfraktion Die Republikaner requested an open debate on MAI
in parliament, following two years of more or less secret negotiations
by OECD groups. The Republikaner claim that MAI - so far nearly unknown
to the public - will greatly influence public life and the economy of Baden-Württemberg
and of Germany.
MAI not only interferes with the state constitution and local and nationwide
law but also with the German Constitution, declared Wolf Krisch,
Republikaner-MP.
The result of MAI will be to subordinate national governments to international
investors if the investors claim discrimination or loss of profits. Economic
interests will be placed above national or state interests.
This is the opening of Pandoras Box. International concerns could operate
at will, opening or closing companies and obtain special considerations
to the detriment of the people, the ecology and the nations economy.
MAI is an agreement that cancels national sovereignty, declared Wolf
Krisch MP. Its results could well be be an increase in unemployment
or in low paid jobs. For that reason Parliament must discuss this problem
and investigate fully the potential threat of MAI. It must be assumed that
multinational corporations will increase their influence to a level that
reduces national governments to second rate administrations. It appears
that once MAI is enforced, no state can control its own natural resources
or its economic development.
The objective of Die Republikaner is to have the Parliament of Baden-Württemberg
initiate steps to stop the MAI negotiations.
For a full report on the debate - albeit in German - click
here