The government of El Salvador is being sued in an international tribunal by Pacific Rim, a mining company now owned by OceanaGold, based in Australia. The company seeks millions of dollars from the government over their refusal to issue a permit for environmental reasons.
The proposed Korea-Australia Free Trade Agreement (KAFTA) was referred to the Foreign Affairs, Defence and Trade References Committee for inquiry and report on March 27, 2014, by the Shadow Spokesperson for Trade, Senator Penny Wong.
The Trade and Foreign Investment (Protecting the Public Interest) Act 2014 was introduced into the Senate by Greens Senator Peter Whish-Wilson in March 2014. The purpose of the Bill is to protect Australian laws by banning provisions which enable foreign investors to sue governments if domestic laws “harm” their investment, known as investor-state dispute settlement (ISDS).
Greens Senator Peter Whish-Wilson recently introduced a Bill to the Senate which aims to protect Australian laws by banning provisions which enable foreign investors to sue governments if domestic laws “harm” their investment, known as ISDS.
ABC Radio discusses the impact that trade deals, such as the Trans-Pacific Partnership (TPP), can have on our health - such as by leading to more expensive medicines, limiting our ability to introduce anti-tobacco measures, and restrict labelling on food.
Trade Justice Dinner 2014
Please join us for an entertaining evening of fine food and interesting discussion at our annual fundraising dinner with auction and raffle prizes.
All proceeds go to fund AFTINET’s trade justice work.
Thursday 29th May 2014
The Hellenic Restaurant
This opinion piece by AFTINET's Convener, Dr Patricia Ranald, explains why it is so important that ISDS provisions allowing foreign investors to sue governments was not included in the Japan-Australia FTA.
Writing for the Sydney Morning Herald, Peter Martin claims that the Free Trade Agreement with Japan announced yesterday does not include the controversial investor state dispute settlement (ISDS) mechanism.
Matthew Cawood writes for Fairfax country media about community concerns around Investor-State Dispute Settlement (ISDS) in trade agreements, quoting AFTINET convener Dr Patricia Ranald.