Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Coromandel says No Way to TPPA

2 September 2015

Coromandel says No Way to TPPA

John Key must listen to the people of Coromandel and walk away from the Trans Pacific Partnership Agreement (TPPA) negotiations because of the power the TPPA could give overseas corporations like Oceana Gold over the New Zealand Government, the Green Party said.

“Oceana Gold, which is buying the Waihi Gold Mine, is already suing the El Salvador government for $470 million and if New Zealand signs up to the TPPA, we could be next,” Green Party Coromandel-based MP Catherine Delahunty said.

“When El Salvador decided to stop mining because it was polluting their drinking water, the mining company Pacific Rim, which is now owned by Oceana Gold, sued the Government – forcing El Salvador to spend $9 million defending its own right to make laws.

“I’m standing with the people of Coromandel while John Key is in town and telling him to walk away from the TPPA.

“Investor State Dispute Settlement (ISDS) clauses like those in the TPPA allow multinational corporations to sue Governments for making decisions that hurt their profits.

“Under the TPPA, a global mining company could sue New Zealand if we decided to do something reasonable like not open up new mines in historic and environmentally treasured places like the Karangahake Gorge.

“Local communities and even the whole Government would be powerless to stop global corporations from rewriting the rule books for profit.

“This so-called trade deal will hardly earn us anything – only a 0.01 percent increase to our GDP from agriculture according to the US government – so why would we risk so much by signing it?

“Our environmental taonga and our fundamental right to make our own laws shouldn’t be signed away for corporate sovereignty,” said Ms Delahunty.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Dubious Wisdom Of Raising Interest Rates

During the last half of the 1990s, the first flickering signs of economic growth would cause then-Reserve Bank governor Don Brash to hike up interest rates and stamp them out. The fear back then was that if left unchecked, the embers of economic activity might cause the same inflationary fires to come roaring back to life that the West had experienced in the late 1970s. At the time, Brash would justify raising interest rates on the grounds that as RB governor, he always needed to be looking 18 months ahead, and judging where things might go by then, if he didn’t act now... More>>


Government: Historic Step Towards Smokefree Future

Bold new measures will be implemented, including banning the sale of cigarettes to future generations, as part of the Government’s plan to make New Zealand smokefree. Associate Minister of Health Dr Ayesha Verrall launched Auahi Kore Aotearoa Mahere Rautaki 2025, the Smokefree 2025 Action Plan at an event in Parliament this morning... More>>


Public Service Association: Data Shows Worrying Disparities
Eighty four percent of public servants are strongly motivated to stay working in the Public Service because their work contributes positively to society - and yet only 69 percent are satisfied with their job... More>>

Luxon: A New National For New Zealand
National Party Leader Christopher Luxon has today announced a new National for New Zealand – a fresh, energised alternative government ready to deliver for Kiwis in 2023... More>>

BusinessNZ: Refuses To Be Part Of Government’s FPA Scheme
BusinessNZ has confirmed it is refusing to be the Government’s nominated partner in implementing unlawful compulsory national pay agreements known as Fair Pay Agreements (FPAs)... More>>


CPAG: Govt Yet To Fully Implement A Single Key WEAG Recommendation Three Years On
None of the 42 key recommendations of the Welfare Expert Advisory Group (WEAG) have been fully implemented almost three years after the report release, with 22 minimally or partially implemented, new research by the Child Poverty Action Group (CPAG) has found... More>>

CPAG: Child Poverty Monitor 2021 Highlights Persistent Inequities In Rates Of Child Poverty
Child Poverty Action Group (CPAG) welcomes the release of the Child Poverty Monitor today, which shows that prior to the Covid-19 pandemic, poverty reduction targets were largely on track for Pākehā children, however significant inequities remained for tamariki Māori, Pacific and disabled children... More>>




InfoPages News Channels