Join AFTINETIs the RCEP the TPP by another name

ALP policy should ensure trade deals do not undermine regulation in the public interest

Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network, (AFTINET) Research Associate at the University of Sydney

As an advocate for fair trade based on human rights, labour rights and environmental sustainability, I read Senator Penny Wong’s policy speech on Australia in the global economy with great interest.

El Salvador: Gold or Water?

Concerned about their water supply, the community in El Salvador protested a gold mine operated by Canadian company Pacific Rim, and the government responded. Now El Salvador is being sued in an international tribunal for millions of dollars  over their refusal to issue a permit.

This excellent 15 minute documentary explains the community's concerns.

The Injustice Industry: Egypt challenged over rise to minimum wage

Le Monde Diplomatique reports that the Veolia group, a French multinational, is suing the Egyptian government because of a rise in the monthly minimum wage. The company is using the ISDS provisions in an investment treaty between France and Egypt.

The case is still in progress, but is yet another example of the dangers of including investor-state dispute settlement (ISDS) in trade agreements such as the Trans-Pacific Partnership (TPP).

To view the full article you will need a subscription to Le Monde Diplomatique.

25/06/2014

AFTINET Submission to the KAFTA Senate Inquiry

AFTINET has made a detailed submission to the Senate Inquiry on the Korea-Australia Free Trade Agreement (KAFTA).

Download AFTINET's Submission here.

AFTINET's submission includes details about the inclusion of investor rights to sue governments over domestic legislation (investor-state dispute settlement) and why claimed "safeguards" will not work, as well as other aspects of the KAFTA.

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