Both ENDS
Our staff are pleased to share the experiences of their travels, project visits and meetings with partners and others. Their blogs give a unique and personal insight into the work of Both ENDS!
The World Trade Organization (WTO) is often seen as an institution in crisis, powerless and no longer relevant, and especially after US president Donald Trump decided in 2019 to pull the plug on one of the WTO’s most important bodies (the one dealing with trade disputes). Now, more than 150 civil society organisations, networks and interest groups from around the world have signed an urgent letter to WTO Director General Roberto Azevedo, because they are seriously concerned about the state of affairs within the organization.
In 2001 Tanzania and the Netherlands signed a treaty only known to a few; a so-called Bilateral Investment Treaty aimed "to extend and intensify the economic relations between them and to stimulate the flow of capital and technology and the economic development of the Contracting Parties". But signing the treaty was in fact mainly a symbolic act which since then has had little if any effect in this respect. In fact, a report by the Netherlands Bureau for Economic Policy Analysis found that BITs have no positive effect on investment in low and lower middle income countries located in Latin America and Sub-Saharan Africa, including Tanzania.