6 November 2016: Peter Martin writes in Fairfax Media, that the RCEP is "another massive deal you've never heard of” which has ISDS on the agenda, despite the strong opposition ISDS has created to the TPP, and predicts the TPP’s demise . He cites a statement from hundreds of US law professors opposing ISDS because it would allow foreign investors to bypass "the basic procedures of the US justice system” .
MEDIA RELEASE, November 7 2016: “The Australian government should reject the push from US Republican Congress members to increase biologic medicine monopolies by seven years, even more than the extra three years which has already been agreed in the TPP text,” Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network said today.
October 31, 2016: The European Union and Canada signed the CETA free trade agreement on Sunday after agreement was reached with the Belgian region of Wallonia, which had opposed the deal and effectively blocked Belgium from signing it. The EU requires all 28 member states to support the treaty before it comes into force.
28 October, 2016: There is an almost even chance that the TPP will get through the US congress as the Obama administration ‘works the phones’, The Australian reports.
We can’t afford to be complacent here in Australia in the hope that the TPP won’t make it in the US. Today is the last day to make a submission to the TPP Senate inquiry - click here to find out how.
October 25, 2016: Australia could be hit with an ever-increasing number of multimillion dollar legal claims from foreign corporations if the TPP is ratified, a new report has warned.
The report, researched by Dr Kyla Tienhaara (ANU) and commissioned by GetUp, warns that the Australian Senate should look at Canada’s experience before considering the TPP implementing legislation.
October 22, 2016: It's great to see students from the University of Melbourne chapter of Universities Allied for Essential Medicines (UAEM) taking to Twitter to lobby Labor Trade Spokesperson Jason Clare to #BlockTheTPP.
The students share AFTINET's concerns about the TPP's impact on access to medicines in the developing world and the cost of longer biologics monopolies here in Australia.
October 22, 2016: WikiLeaks has released three chapters of the highly secretive Trade in Services Agreement (TiSA), currently being negotiated among 50 different countries. The chapters reveal updated texts on financial services and privatisation, and show that demands are being made on developing countries to open up public services to foreign corporations.
20 October 2016: Crossbench senator Nick Xenophon is threatening to an independent tribunal if the Government keeps refusing to reveal how much it cost to defend the plain packaging ISDS case brought by tobacco giant Philip Morris. Read the full article here.
October 19, 2016: The RCEP is an even bigger trade deal than the TPP with the same dangerous proposals. So what exactly is the RCEP and what could it mean for access to lifesaving medicines in the Asia Pacific?
All members and supporters are invited to our annual AGM at 5.30pm Wednesday, November 9 at the Finance Sector Union on Pitt St in Sydney. Guest speaker Kyla Tienhaara has recently returned from the US and is the author of a new report finding that Australia should learn from Canada's experience with 39 ISDS cases being brought by US companies after signing the NAFTA trade agreement. Kyla will speak on ISDS, the TPP and the US election.