[From the web] Asian Network pushes stronger TNC regulations at the UN amidst pandemic -Focus on the Global South

#HumanRights #Trade Asian Network pushes stronger TNC regulations at the UN amidst pandemic

Amidst the challenges posed by the Covid-19 pandemic, the negotiations towards a legally binding instrument on transnational corporations and other business enterprises and human rights commenced Monday, 26th of October in Geneva, with participation from States, business groups and civil society organizations enabled through various online platforms.

Following the mandate of UN Human Rights Council (UNHRC) Resolution 26/9, States are negotiating at this 6th session of the open-ended intergovernmental working group the 2nd revised draft of the text prepared by Ecuador and released in August 2020. Six Asian States (China, India, Indonesia, Pakistan, Philippines and Vietnam) supported the resolution in 2014.

Civil society organizations have since 2014 been actively engaged, pushing and intervening in the process. They have put forward concrete proposals towards a robust international legally binding instrument that would address the gaps in international human rights law on holding transnational corporations accountable for human rights abuses. They have highlighted the need to put at the center of the talks, the rights of victims and the importance of strengthening mechanisms to ensure justice for rights holders.

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