Top Scoops

Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

ISDS Bill Voted Down

The Fighting Foreign Corporate Control Bill has been voted down.

This bill sought to prohibit New Zealand from entering international agreements that include provision for investor-state dispute settlement.

The bill’s sponsor Fletcher Tabuteau said he was deeply concerned at the non-trade elements of the potential Trans Pacific Partnership trade deal and other trade deals which allowed foreign corporations to sue governments.

Mr Tabuteau said the TPP talks were being done in secret and it was wrong for the Government to sign up to any investor-state dispute settlement clauses without the public knowing what they meant.

National’s Mark Mitchell said the bill would make it very difficult to enter into new trade deals and negate current trade deals which would be disastrous for the economy.

He said the Government was aware of the need to treat dispute settlement clauses with care, but it was possible to protect New Zealand investments overseas and sovereignty issues at home and this had been done in other trade deals.

Labour’s David Parker said the bill should go to select committee for consideration, but it was too broad in ruling out all dispute settlement clauses. There were some concerns about these becoming too broad, but they were not always bad. He said the Government should be more open in its approach to these issues to allay concerns people held.

The bill was voted down by 61 to 60 with National, ACT and United Future opposed.

NZ First sought a personal vote to be cast, but this was declined.


MPs began the first reading of the Minimum Wage (Contractor Remuneration) Amendment Bill


**
ParliamentToday.co.nz is a breaking news source for New Zealand parliamentary business featuring broadcast daily news reports

© Scoop Media

 
 
 
Top Scoops Headlines

 



Binoy Kampmark: Congress, Skulduggery And The Assange Case

Is the imperium showing suspicions about its intended quarry? It is hard to believe it, but the US House Intelligence Committee is on a mission of discovery. Its subject: a Yahoo News report disclosing much material that was already in the public domain on the plot to kidnap or, failing that, poison Julian Assange... More>>

The Conversation: Old wine in new bottles – why the NZ-UK free trade agreement fails to confront the challenges of a post-COVID world
When the sales pitch for a free trade agreement is that “British consumers will enjoy more affordable Marlborough sauvignon blanc, mānuka honey and kiwifruit, while Kiwis enjoy the benefit from cheaper gin, chocolate, clothing and buses”, you know this is hardly the deal of the century... More>>


Philip Temple: Hang On A Minute, Mate
Peter Dunne quietly omits some salient facts when arguing for retention of MMP’s coat-tailing provision that allows a party to add list seats if it wins one electorate and achieves more than 1% or so of the party vote... More>>



Dunne Speaks: Labour's High Water Mark
If I were still a member of the Labour Party I would be feeling a little concerned after this week’s Colmar Brunton public opinion poll. Not because the poll suggested Labour is going to lose office any time soon – it did not – nor because it showed other parties doing better – they are not... More>>



Our Man In Washington: Morrison’s Tour Of Deception

It was startling and even shocking. Away from the thrust and cut of domestic politics, not to mention noisy discord within his government’s ranks, Australian Prime Minister Scott Morrison could breathe a sign of relief. Perhaps no one would notice in Washington that Australia remains prehistoric in approaching climate change relative to its counterparts... More>>



Binoy Kampmark: Melbourne Quake: Shaken, Not Stirred

It began just after a news interview. Time: a quarter past nine. Morning of September 22, and yet to take a sip from the brewed Turkish coffee, its light thin surface foam inviting. The Australian city of Melbourne in its sixth lockdown, its residents fatigued and ravaged by regulations. Rising COVID-19 numbers, seemingly inexorable... More>>