ISDS allows foreign investors to sue our Government

Investor-State Dispute Settlement

Google could use ISDS to sue Australia for millions over regulation for payment of news content

February 8, 2021: A Senate Inquiry heard last week that Google’s Singapore subsidiary could allow it to use a controversial Investor-State Dispute Settlement (ISDS) provision in the Singapore-Australia Free Trade Agreement to demand millions in compensation over proposed Australian regulation for payment of news content.

Biden block of Keystone XL Pipeline exposes ISDS threat to other government actions on global warming

January 27, 2021: Incoming US President Joe Biden has cancelled a vital permit for the environmentally contentious Keystone XL pipeline proposed to take Canadian tar sands to refineries in Texas. This decision to protect the environment could trigger a compensation claim under Investor-State Dispute Settlement or ISDS.

Clive Palmer’s claims to be a Singaporean company and sue the Commonwealth expose the absurdity of ISDS

December 18, 2020: The Guardian reports that Clive Palmer’s Singapore-based company, established only in 2019, has acted on his threat to sue the Commonwealth Government for billions of dollars using the Investor-State Dispute Settlement (SDS) clauses in the Singapore-Australia free trade agreement.

Australian mining companies suing developing countries for billions is shameful, say community groups

MEDIA RELEASE                                                                                                                October 27, 2020

“There is a pattern emerging of Australian mining companies suing developing countries for billions of dollars in unfair international tribunals,” AFTINET Convener Dr Patricia Ranald said today in an article published on the Michael West website.

Australian, New Zealand and British Unions warn against bad proposals in UK trade deal

September 23, 2020: As former Australian Prime Minister Tony Abbott now advises the British government in its trade negotiations with the European Union, Australia and New Zealand, the trade unions from the three countries have issued a united call for decent work and high standards of health,  environment and public services.

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