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Two rounds of intersessional consultations on the proposed UN Binding Treaty on business and human rights took place on April 7–8 and April 9–10. The sessions revealed a deeper political question: what kind of rules should govern transnational business activity—and in whose interest. At its core, this treaty process is about addressing violations and abuses, holding corporations accountable, and building conditions for communities and ecosystems to thrive, with clear rules that ensure economic activity respects human rights and the planet.