TPP-11 click here to stop it

Malaysia to reconsider TPP-11

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."

Veolia loses ISDS case against Egypt – after six years and millions in costs

June 4, 2018: Veolia, the giant French corporation which operates in Australia and world-wide, has finally lost its claim against Egypt over a waste management contract dispute in which they claimed compensation for an increase in the minimum wage under a new labour law. Its claim was for €174 million (A$268 million), and was launched in 2012.

Nobody wins in Trump’s trade war

June 1, 2018: President Trump last month imposed tariffs on steel and aluminium imports from China and Japan, and has now extended these to Canada, Mexico and the EU. The pretext for these actions is that the aluminium and steel industries are essential to US national security. The US now faces tariff retaliation from all of these countries, as well as legal action through the World Trade Organisation, which is not likely to accept the national security argument.

Business journalist says JSCOT report a critique of PACER-Plus

17 May 2018: Business journalist Nic Maclellan has analysed the Joint Standing Committee on Treaties (JSCT) report into the PACER-Plus trade deal on Devpolicy blog. He writes, “although the committee recommends that Parliament should ratify PACER-Plus, the report is a telling critique of the treaty’. It concedes that ‘the absence of PNG and Fiji… significantly diminishes the utility of the agreement for Australian businesses’.

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