European Court decision that ISDS is incompatible with national legal autonomy undermines ISDS in the TPP-11

April 3, 2018: The European Court of Justice ruled in March that Investor-State Dispute Settlement (ISDS) between two EU member states, which allows corporations to sue governments for damages over changes in domestic law, has an adverse effect on the autonomy of EU law, and is therefore incompatible with EU law.

TPP-11 Senate inquiry welcomed by community organisations

March 29. 2018: Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network, today welcomed the Senate decision yesterday for an inquiry by the Senate Standing Committee on Foreign Affairs, Defence and Trade to assess whether the rebadged Comprehensive Progressive TPP-11 is in the public interest, before Parliament considers the implementing legislation.

“Achieving a Senate inquiry is a victory in our campaign for more transparency and accountability in the trade agreement process,” said Dr Ranald.

Rebadged TPP tabled in Parliament: Senate inquiry can assess if implementing legislation should be blocked

March 26, 2018: Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network. called today for a Senate Inquiry to assess whether the rebadged Comprehensive Progressive TPP is in the public interest, before Parliament considers the implementing legislation.

Trump tariff threat to China as US shifts focus to new FTAs

March 26, 2018: US trade policy has become more dangerously unilateral and contradictory.

US President Trump  threatened on March 23 to impose tariffs on US$60 billion of Chinese exports to the US after a “consultation” period. This is also linked to US strategic and military competition with China. China has threatened to retaliate with its own tariffs on US goods, resulting in a trade war and economic instability. Global stock markets plunged in response to the news.

ACTU leader says trade deals must not undermine workers’ rights

March 22, 2018: In her speech to the National Press Club yesterday, ACTU secretary Sally McManus argued that unfair trade agreements like the CPTPP were contributing to casualisation and underpayment of wages, and that major changes were needed to the industrial relations system.

She said "these trade agreements are not free, they are a complex set of rules negotiated by governments, pushed by big corporations."

Videos from our recent forum on women and the TPP

15 March, 2018: On International Women’s Day AFTINET and ActionAid Australia hosted a successful forum on the impact that the TPP would have on women across the globe. The forum was moderated by Jill Biddington from APHEDA- Union Aid Abroad and Dr Patricia Ranald (AFTINET), Michelle Higelin (ActionAid Australia) and Jane Brock (Immigrant Women’s Speakout Association) all gave short presentations. A video recording of the full forum has been posted here, thanks to ActionAid Australia.

Government fights to keep Philip Morris costs secret

14 March 2018: The Australian government has appealed a directive from the Australian Information Commissioner to release the total legal costs in the Philip Morris tobacco plain packaging ISDS case. Although Australia won the case, it took over four years and Australia reportedly spent $50 million in legal costs. As we have previously reported, both the proportion and the total costs were blacked out of the final decision in that case, and the government has refused to release the details.

Pages