On March 5th, Greens Senator Peter Whish-Wilson introduced the Trade and Foreign Investment (Protecting the Public Interest) Act 2014 into the Senate. 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 ISDS.
The Hon. Andrew Robb AO MP
Minister for Trade
Canberra ACT 2600
I am concerned about the possible inclusion of investor-state dispute settlement (ISDS) in the Japan-Australia Free Trade Agreement, as occurred in the recent Korea-Australia FTA.
Dr Patricia Ranald was interviewed on RN Breakfast on Friday March 21, about the connection between the proposed Japan-Australia Free Trade Agreement and the negotiations for the Trans-Pacific Partnership FTA. http://www.abc.net.au/radionational/programs/breakfast/japan-free-trade-...
AFTINET organised TPP action at the nationwide March in March, held around the country on the 25-16th of March
You can help by organising a local meeting or a meeting in your workplace.
A local meeting is a great way to educate people, start a discussion, and inspire others to take action. It can be as simple as having a discussion in your living room, or organising a lunchtime meeting at your workplace.
Last updated: March 2014
“ISDS: The Devil in KAFTA’s detail” by Matthew Cawood in the Fairfax rural press is a critical discussion of investor rights to sue governments in the Korea FTA and in the Trans-Pacific Partnership Agreement (TPP).
In an article published in The Canberra Times, Kyla Teinhaara and Jeffrey Mcgee argue that the recently completed Australia-Korea Free Trade Agreement (KAFTA) should be renegotiated to remove the investor-state dispute settlement (ISDS) clause.