Join AFTINETIs the RCEP the TPP by another name

UK and Japan agree on trade deal that opens door for Britain to join the CPTPP

September 15, 2020: British trade Secretary Liz Truss and Japanese Foreign Minister Motegi Toshimitsu agreed in principle on September 11 to a free trade agreement, the UK’s first major trade deal as an independent trading nation.

The UK sees this deal forming a pathway to further market access under the 11-nation Comprehensive and Progressive Agreement for Transpacific Partnership (CPTPP), which Japan will support as part of the agreement.

Greens propose further review of Australia - Hong Kong FTA but no support from major parties

September 7, 2020: The Australian Greens have called for the Australia – Hong Kong Free Trade Agreement, which came into force on January 17, 2020, to be reviewed by a Senate Committee following the imposition by the central government in Beijing of the National Security Law, but the government and the Labor Opposition blocked the move.

Mining companies dominate ISDS treaty-shopping claims from Australian companies

September 3, 2020: The second-largest damages claim awarded to a foreign investor against a government was US$5.8 billion, in July 2019, to the Australian subsidiary of Tethyan Copper Company against the government of Pakistan. Canadian academic Kyla Tienhaara argued in an article in the Conversation that this Investor-State Dispute Settlement (ISDS) ruling demonstrated that the global economic governance model is broken.

RCEP Trade Ministers want to sign in November but still hoping India may re-join

August 31, 2020: The official statement from the on-line meeting on August 27 of 15 Trade Ministers negotiating the Regional Comprehensive Economic Partnership said that they were "pleased with the significant progress made towards finalizing the RCEP Agreement for signing at the fourth RCEP Summit in November 2020,” and that “the RCEP remains open for India”.

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