In response to the COVID-19 crisis, ESCR-Net members called on States to “support negotiations for an international legally binding instrument to regulate corporate power.” On 29 May and 25 June, social movements and civil society organizations, as well as States, will have an opportunity to participate virtually in informal consultation sessions as part of an ongoing intergovernmental process to fulfill UN Human Rights Council resolution 26/9 to create a legally binding instrument that would regulate, in international human rights law, the activities of transnational corporations and other business.
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