Media Release 8 November 2018: “AFTINET welcomes the Labor Opposition initiative to revisit the Peru-Australia Free Trade Agreement (PAFTA) because it includes foreign investor rights to sue governments (ISDS) which the Shadow Trade Minister has pledged to oppose in all trade agreements,” AFTINET Convener Dr Patricia Ranald said today.
29 October 2018: AFTINET welcomes the announced review of the Peru-Australia trade agreement (PAFTA), which shares with the controversial Trans-Pacific Partnership Agreement (TPP-11) many harmful provisions.
May 3, 2018: The AFTINET submission to the Peru-Australia Free Trade Agreement is available to read in full here, and summarised below. The JSCOT report is due on August 22, 2018, after which Parliament will consider the implementing legislation. Our assessment is there is insufficient information for support the implementing legislation.
Relationship between PAFTA and the TPP-11
March 23, 2018: An international investment tribunal has compensated a mining company that ignored Indigenous land rights in a case heard under the Investor-State Dispute Settlement provisions of the Canada-Peru Free Trade Agreement.
January 19, 2018: A new report by Greenpeace, Justice for People and Planet, uses 20 case studies of global corporations to explain how corporate power is being used to violate human rights and environmental rights. The report argues that governments should adopt 10 Principles for Corporate Accountability to curb ‘corporate capture, collusion and impunity’.
Media Release, November 10, 2017: The announcement of the completion of the Peru-Australia Free Trade Agreement at the APEC meeting in Vietnam without access to the text again demonstrates the flaws in the secretive trade agreement process, in which governments announce agreements without making the text public and without independent assessment of the costs and benefits,” AFTINET Convener Dr Patricia Ranald said today.