The Intergovernmental Working Group on Transnational Corporations and Other Business Enterprises with respect to human rights will meet for the 3rd time, from 23 to 27 October at the Palais des Nations, in Geneva. The IGWG had published earlier in October a document called Elements for the draft legally binding instrument on transnational corporations and other business enterprises with respect to human rights. This document outlines the main sections that will appear in the new binding Treaty, and it is the starting document on which the States delegations will negotiate during the 3rd Session.
As a reaction to this document, IBFAN has developed a written contribution in order to ask for a more comprehensive list of international relevant documents in the new Treaty, as well as for the inclusion of a provision on the importance of an independent and transparent monitoring mechanism, to avoid conflicts of interest and allow the new Treaty to meet its objectives.
Read the full text of IBFAN Written Contribution here.
Find out what is the Treaty Alliance here.