Multinationals

Globalisation has given rise to extraordinarily large and powerful multinational enterprises (MNEs). Many are active in sectors providing essential public services, including water and sanitation, health and social services, energy, waste collection and treatment. Some have earnings that dwarf some national economies. MNEs scan the world for natural resources, tax havens, the lowest environmental standards, and the lowest wages. They relentlessly assert their rights to profit in international institutions, tax and trade agreements.

Within this context, Global Framework Agreements (GFAs) negotiated between global trade union federations and multinational enterprises are a tool for trade unions with direct membership in such companies to build power, assert their members’ rights and conditions, resolve outstanding conflicts, improve social dialogue and working conditions. GFAs set a threshold of human and labour rights and conditions beyond minimum national and international standards that signatory MNEs commit to abide by. They also help connect and build solidarity among trade unions and workers of the same MNEs across national boundaries.

PSI has negotiated three GFAs with multinational corporations active in the energy sector: these are EDF Group, ENGIE (formerly GDF-Suez) and ENEL, plus a specific agreement with ENGIE (formerly GDF-Suez) on occupational safety and health (OSH).

Billionaire corporations pay lower effective tax rate than your average nurse, new study finds

20 April 2016
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Financial data from 76 of Australia’s largest multinationals has revealed they pay an average effective tax rate of 16.2% – half the corporate tax rate.

Campaign against TPPA and TISA approved in PSI's regional meeting in Chile

13 April 2016

Representatives of unions affiliated to PSI agreed to make mobilization efforts, partnerships with civil society, lobbying parliaments and campaign material that allows raising public awareness through simple language to explain the negative impact of this type of treaty.

Brazilian Network for the Integration of Peoples denounces the risk of "breakdown of the democratic order" in Brazil

06 April 2016

"REBRIP is joining the struggle and the social movements of the country, and reaffirms its resistance to a coup and its confidence in the pillars of democracy and respect for human rights guaranteed by the Brazilian constitution."

Final Declaration of the seminar on Public Debt and the Puerto Rican situation

31 March 2016

The participants of the International Seminar “Public Debt, a global problem: international experiences
and Puerto Rico’s situation” held on March 30, 2016 in San Juan, capital city of Puerto Rico, expressed
their strong support and solidarity with the Puerto Rican people in their struggle to overcome the fiscal,
economic and social crisis they are facing.

RCEP threatens tax policies in India and other 15 countries

01 March 2016
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The website of the Ministry of Commerce & Industry has no mention of the Regional Comprehensive Economic Partnership (RCEP) on which officials from 16 countries, including India, met for a round of secret trade talks in Brunei from 15-19 February. This mega Free Trade Agreement (FTA) is expected to be concluded by the end of 2016.

On the 75th Anniversary of the February Strike - Yes to Asylum, Yes to Public Services

25 February 2016
Jasper Goss/Photo: Leo Hyde

In 2016, we should honour the February Strike, not just because those who took action were later tortured and even executed. Rather, we must ask ourselves, as trade unions, as members of the labour movement: what are we doing? Are we ready to take the risks necessary to confront the austerity-fueled resurgence of racism and national chauvinism across Europe and other parts of the world?

Trade unions and social organizations say 'Chile better without TPPA'

10 February 2016
Members of different social organizations and unions protested on February 4 against the TPPA (Photo: Nayareth Quevedo)

Members from different social organizations and trade unions came out on February 4 to the streets to protest against the TPPA, signed at the same day in New Zealand by 12 countries, including Chile, Mexico, Peru, United States and Canada.