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Trade sanctions, human rights and multinational corporations: the EU-ACP context

journal contribution
posted on 2023-06-08, 22:38 authored by Femi Amao
Significant numbers of multinational corporations ("MNCs") from the European Union ("EU") operate in the African, Caribbean and Pacific ("ACP") countries. The ACP countries are attractive operational bases because of the enormous availability of raw materials, low cost of labour, and favourable regulatory frameworks. For most ACP countries, the EU is their main trading partner. Trade between the two regions is thus very important for ACP countries, because it constitutes, in most cases, their main revenue source. While the trade arrangement is marginal for the EU, it is important for the EU MNCs' profitability in a competitive global market. Even though MNCs have been beneficial to host States in the ACP, by providing revenue for governments and creating jobs, their operations have led to various externalities involving violations of human rights. This paper seeks to explore the scope of the human rights provisions in EU-ACP agreements and the instances when these provisions can lead to imposition of sanctions in cases of human rights violations by MNCs.

History

Publication status

  • Published

Journal

Hastings International and Comparative Law Review

ISSN

0149-9246

Publisher

University of California

Issue

2

Volume

32

Page range

379-422

Department affiliated with

  • Law Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2015-09-30

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