Corporations seek preferential treatment from governments in places all over the World. Uncle Sam, at the very least, is listening, because the treaty Trade in Services Agreement (TISA) moves forward. But there’s one country who’s not likely to take a lot more…
Of the 100 largest economies in the world, 51 are now global corporations; only 49 are actual countries. The top 200 corporations’ combined sales are bigger than the combined economies of 182 of the world’s 191 countries. These corporations have twice the economic clout of the poorest four-fifths of humanity.
Global corporations and the sovereign wealth funds of countries such as Saudi Arabia and China have been buying farmland all over the planet to lock up future food supplies. If they could, they’d buy Uruguay in its entirety. But then Uruguayans would be dependent on the whims of foreigners who have no interest in them.
So Uruguay banned them from investing in its farmland.
For that reason, Uruguay today has a highly competitive, efficient, diverse and responsive agricultural sector that’s able to survive market ups and downs, and help all Uruguayans prosper.
But this – as well as Uruguay’s control over its well-regulated banking sector – made global corporations very unhappy.
So they put pressure on Uruguay’s representatives in the Trade in Services Agreement (TISA). TISA is a treaty currently being negotiated between governments and major corporations. It would severely restrict signatory countries from being able to pass laws like Uruguay’s farmland legislation.
from: Uruguay Stands Up to Government Corruption
Video about the pressure applied to whistle blowers exposing corruption