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Radio National: How foreign investors can trump Australian law

This week, the Senate Committee Inquiry has been hearing submissions into the bill proposed by Senator Whish-Wilson to ban the right for foreign investors to sue governments (ISDS) from trade agreements.

Tom Faunce was interviewed on Radio National Saturday Extra programme and is very critical of these ISDS provisions.

Listen to the interview on Radio National here.

19/08/2014

Canadian Economist Jim Stanford on the dangers of ISDS

Canadian economist and friend of AFTINET Jim Stanford writes from a Canadian perspective about the dangers of investor-state dispute settlement (ISDS) in trade deals. Canada has been sued some 35 times, for claims totalling into the many billions of dollars, and may be the country which has been most targeted by these clauses.

Stanford writes, "the ISDS system is another potent club with which business can intimidate governments into accepting their economic and political dominance — and punish those which do not."

Europe: 120 Scholars speak out against ISDS Provisions

120 academic experts in trade and investment law, EU law, international law and human rights, constitutional law, private law, political economy and other fields have spoken out against planned provisions on investor-state dispute settlement (ISDS) in the Transatlantic Trade and Investment Partnership.

This adds to the growing opposition to ISDS worldwide.

View full text and list of signatories here

22/07/2014

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