19 February 2017: One case frequently cited as an example of ISDS clauses being brought against environmental legislation was the Trans-Canada company using the North American Free Trade Agreement to sue the US government for $15 billion because it decided not to proceed with the controversial Keystone tar sands pipeline for environmental reasons.
20 February 2017: US President Trump says countries like Australia are “freeloading” because our government regulates medicine prices through the Pharmaceutical Benefits Scheme (PBS).
The PBS is a vital part of Australia’s health system because it helps to ensure lifesaving medicines are affordable and accessible.
At a meeting with pharmaceutical companies in January, Mr Trump said:
February 8, 2016: AFTINET welcomes the report of the Senate inquiry in which Labor has said that the US withdrawal from the TPP means it will not happen and that the implementing legislation should be deferred. The Greens and the Nick Xenophon team have rejected the TPP.
February 6, 2017: Many prominent media commentators say the demise of the TPP is no loss for Australia, and reiterate the concerns of public health, environment, union and other community organisations. Instead of endorsing a failed agreement, the Australian Government should strive for better trade deals in the future.
Media Release January 31, 2017: "The latest leaked Trade in Services documents confirm that the negotiations are driven by the interests of global services companies that want to maximise profitable trade in services and minimise government regulation in the public interest. Many of these are similar to proposals in the now-dead Trans-Pacific Partnership (TPP),” Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network of community groups (AFTINET) said today. Read the full release here.
January 24, 2017: Dr Particia Ranald's oped in the Fairfax media argues for inclusive and progressive fair trade policies as an alternative to both fundamentalist 'free' trade and Trump and Hansen's knee-jerk nationalism and discrimination based on fear.
Including the TiSA and RCEP there are seven trade deals AFTINET will be monitoring this year.
PM Turnbull wants to push ahead with a vote on the failed TPP's implementing legislation in the Australian Parliament. Will you ask Labor's trade spokesperson to publicly commit to VOTE NO to the TPP? Read more.