Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


TPPA Free Trade negotiations resume in Auckland, December 2

November 29, 2012

Trans-Pacific Partnership Agreement (TPPA) Free Trade negotiations resume in Auckland Sunday, December 2, 2012

European report slams investor rights to sue governments

“A hot-button issue to be discussed at the Trans-Pacific free trade talks next week is the US proposal for foreign investor rights to sue governments for damages if a law or policy harms their investments,” said Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network.

“The Australian government opposes this, because it is currently being sued by the Philip Morris tobacco company for its plain packaging legislation, under the provisions of an obscure 1993 Hong Kong investment agreement, even after tobacco companies lost their challenge to the legislation in the Australian High Court.”

Trans-Pacific free trade negotiations between Australia, the US, New Zealand, Peru, Chile, Singapore, Brunei, Malaysia, Vietnam, Mexico and Canada resume in Auckland, NZ, from December 2 to 9, 2012.

“A wide range of civil society organisations will be holding public events and demonstrations, and presenting their views to negotiators,” said Dr Ranald.

“A report by the Amsterdam Transnational Institute called Profiting from Injustice released this week exposes the growth of the international ‘arbitration industry’ for investor rights to sue over health and environmental legislation. It has surged from 38 known cases in 1996 to 459 known cases in 2011. In 2010, corporations were claiming at least $100 million from governments in 151 cases,” explained Dr Ranald.

The report reveals how the arbitration industry is dominated by a few international legal firms which supply both arbitrators and advocates, and has none of the safeguards of national legal processes. The proceedings are not public, lawyers can be advocates one week and arbitrators the next, there is no system of precedents and no appeals. Transnational companies support the system precisely because it gives them far more rights than national systems.

See http://www.tni.org/ProfitingFromInjustice.pdf

Dr Ranald will make a presentation to negotiators at the Stakeholders Forum on Friday, December 7. The presentation will analyse the reasons behind the Australian High Court decision, which were published in October, and show how international arbitration threatens national sovereignty by ignoring national judicial decisions. She will urge all governments to oppose investor rights to sue in the negotiations.

Australian Fair Trade and Investment Network
www.aftinet.org.au

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Greens: Oil Drilling Face-Off With Labour

The plan is the second component of the Party’s environmental priority this election: Rivers clean enough to swim in again, and beaches safe from oil spills.

The Green Party loves New Zealand and will create a cleaner environment where our beaches remain open for swimming, not closed for oil spills.

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling;
2. Implement compulsory shipping lanes for coastal shipping;
3. Build Maritime New Zealand’s oil spill response capability; and
4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news