The MAI (Multilateral Agreement on Investment) is a charter of rights and freedoms
for international investors that the Liberal Government was negotiating with the
other 28 industrialized countries of the OECD.
The Canadian public, along with the NDP, and various OECD governments rejected the
MAI as a threat to democratic, sustainable and social development. As a result,
negotiations on the MAI collapsed in the fall of 1998 but there are ongoing attempts
to re-start the negotiations elsewhere.
The NDP opposes attempts to re-introduce a MAI-type agreement with the 130 countries
of the World Trade Organization (WTO), at talks toward a Free Trade Area of the
Americas (FTAA) or at any international institution.
The MAI approach to globalization is fundementally flawed. It seeks to give special status to international investors,
while making workers, environments, societies, and cultures subservient to investor rights.
The NDP is fighting for an entirely different type of international agreement by which the world might achieve a rules-based global economy
that protects workers, the environment, and the ability of governments to act in
the public interest.
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