ISDS allows foreign investors to sue our Government

Investor-State Dispute Settlement

UK Australia FTA announcement hides possible nasties on corporate rights and medicine monopolies in secret deal

MEDIA RELEASE                                                                            

June 15, 2021

“The announcement of ‘in-principle’ agreement for an Australia-UK free trade agreement continues the unacceptable government secrecy about the details of the agreement,” Dr Patricia Ranald, AFTINET Convenor said today.

Final UK FTA talks on corporate rights to sue governments alarm community groups

MEDIA RELEASE, May 31, 2021

“The British Trade Minister has confirmed that corporate rights to sue governments are being discussed in the final negotiations for the Australia-UK Free Trade Agreement before an announcement at the G7 meeting in the UK on June 11-13. This is unacceptable and will fuel community opposition to the deal in both Australia and the UK,“ Dr Patricia Ranald, Convenor of the Australian Fair Trade & Investment Network said today.

Pakistan prepares to eliminate ISDS from its Bilateral Investment Treaties

April 8, 2021: Pakistan’s Board of Investment has prepared a strategy to withdraw from all inhibiting clauses in the 53 Bilateral Investment Treaties the country has with 48 countries, including Australia.

The major concerns are provisions related to investor-state dispute settlement (ISDS). These shrink the policy space for the government to adopt measures in the public interest.

“Super-protections” for global corporations – New Dutch study of ISDS

March 17, 2021: The February 2021 action by the German energy company RWE to sue the Netherlands government using the Investor-State Dispute Settlement (ISDS) provisions of the Energy Charter Treaty has provoked a Dutch institute to compare investor rights under Dutch and EU law with investor rights under the 1994 ECT and the recent Canada – Europe Comprehensive Economic and Trade Agreement (CETA).

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