HUMAN RIGHTS COUNCIL
14th session
May 31 – June 18 2010
[Excerpt from the statement]
Serious violations committed by transnational corporations (TNCs) have been observed for many years. These violations are not limited to the extractive industries; they are present in the primary and secondary sectors as well as in the tertiary sector, including finance. The current economic and financial crisis is exacerbating these violations by the day.
The impunity of these entities, capable of being everywhere and nowhere in order to evade their responsibilities, seems to be the order of the day, given that we still lack a binding legal framework at international level for their activities harmful to human rights.