July 2, 2018: Centre Alliance Senator Rex Patrick last Friday succeeded in obtaining the total legal costs to Australia of defending its tobacco plain packaging laws in the case brought by Philip Morris tobacco company against the Australian Government under investor-state dispute settlement provisions.
June 27, 2018: On Monday, the European Union published its “Negotiating Directives” for its proposed free trade agreement with Australia, but the Australian government hasn’t matched this level of transparency by publishing its own objectives.
June 19, 2018: This is an exciting opportunity for an experienced graduate passionate about global justice to analyse and campaign on trade agreements like the Trans-Pacific Partnership (TPP-11), to achieve a fairer global trading system. Applications close July 13.
Over 120 people from 20 union, church, aid and environment organisations rallied outside the Sydney public hearing of the Joint Standing Committee on Treaties concerning the proposed Trans-Pacific Partnership (TPP-11). Speakers focused on the impact the TPP-11 would have on workers, temporary migrant workers and women, the cost of medicines, and the extra rights it would give investing corporations to sue the Australian government. The JSCOT and a Senate Inquiry will report back to parliament in September on whether or not the parliament should vote in favour of the legislation to implement the TPP-11. The protest movement is urging MPs to vote against the implementing legislation. See photos here.
June 13, 2018: US President Donald Trump wrecked the furniture in the ‘global free trade’ shop at last week’s G7 meeting in Canada, making retaliatory tariffs by Canada, Europe and Mexico against US exports inevitable.
June 12, 2018: Malaysia’s new Prime Minister, Dr Mahathir, last Friday made a brief but stunning statement in a media conference in Japan that he will review the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or TPP-11.
Dr Mahathir said he believes weaker economies like Malaysia are at a disadvantage under the current terms, "It is important to take into consideration the level of development of a country."
7 June 2018: The UN Conference on Trade and Development (UNCTAD) has published a policy brief titled, ‘Corporate rent-seeking, market power and inequality: Time for a multilateral trust buster?’.
It notes that increased market concentration and corporate rentierism is driving global income inequality: