Philip Morris, Australia and the fate of Europe’s trade talks

The Philip Morris tobacco company is trying to use investor state dispute settlement (ISDS) clauses in an obscure 1993 Australia-Kong Kong investment agreement to sue the government for damages in an international tribunal over the tobacco plain packaging legislation.

James Panichi reports that this case has disrupted trade talks between the United States and Europe as it calls into question the inclusion of ISDS clauses. Read the article on Inside Story.

13/01/2014