July 11, 2018: As the next round of negotiations in the Regional Comprehensive Economic Partnership gets underway in Bangkok, the main dynamic is resistance by India to tariff reduction demands by Australia and New Zealand, and to medicine monopoly demands by Japan and South Korea. The RCEP involves the 10 ASEAN countries, plus China, India, Japan, South Korea, Australia and New Zealand.
July 9, 2018: Canadian union leader Lana Payne, from the manufacturing union Unifor, has blasted the Canadian government for its claim that the Trans-Pacific Partnership – 11 is more “progressive” than the original TPP-12. Payne honed in on the labour chapter, which she argues is even weaker than in the original TPP-12, to make her point.
July 3, 2018: Last Sunday, Regional Comprehensive Economic Partnership trade ministers met in Tokyo in an effort to maintain political momentum to reach an agreement by the end of 2018. Japanese Prime Minister Shinzo Abe tried to take the initiative in the RCEP away from ASEAN as desperation deepens about the mounting trade war initiated by US President Donald Trump.
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.
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.