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Re: sideeki post# 242461

Thursday, 01/07/2016 1:45:14 AM

Thursday, January 07, 2016 1:45:14 AM

Post# of 576204
President Obama Is Not Worried About ISDS Challenges. Should He Be?
http://worldtradelaw.typepad.com/ielpblog/2015/04/president-obama-is-not-worried-about-isds-challenges-should-he-be.html

They've been around for many years .. Examples ..
https://en.wikipedia.org/wiki/Investor-state_dispute_settlement#Examples

and (just below that) the Australian government for one are not keen on them ..
https://en.wikipedia.org/wiki/Investor-state_dispute_settlement#Perspectives_for_ISDS

so they said, yet as far as i can see they are gonna accept a TPP with it .. latest situation re ISDS and TPP? .. don't know, yet, but here's one for tomorrow

Breakfast panel with TPP negotiators on 7 January 2016: Investor-state dispute settlement under the trans-pacific partnership

Join us for a panel discussion on the dispute resolution system in the Trans-Pacific Partnership (TPP), presented by experts in international arbitration, as well as
members of TPP government negotiating teams from Peru and Mexico. They will discuss the controversies arising out of the TPP's adoption of investor state arbitration.

Date: Thursday, January 7, 2016
http://hsfnotes.com/arbitration/2016/01/05/breakfast-panel-with-tpp-negotiators-on-7-january-2016-investor-state-dispute-settlement-under-the-trans-pacific-partnership/

heh, betcha it's a breakfast no gutsy feeder would like to miss, though it probably wouldn't crowd out many construction camp spreads.

so again, the latest? .. not sure if there's more about now .. one thing for sure, i think many government figures are looking for feathers for caps while others may like to stick them
somewhere else .. can only hope that the Australian government after having said they weren't keen on the ISDS idea that they have eliminated in fine print the worst it could bring

Robb On The TPP: 'Read The Fine Print'

Karen Barlow Karen.Barlow@huffingtonpost.com.au
Posted: 06/11/2015 09:22 AEST Updated: 06/11/2015 10:39 AEST



CANBERRA – Trade Minister Andrew Robb has defended the 12 nation Trans-Pacific Partnership agreement as a “trade pact, not a climate pact” in the face of renewed global concern about the landmark agreement.

After seven years of negotiations, the full text of the 30 chapters of the Trans Pacific Partnership .. http://dfat.gov.au/trade/agreements/tpp/official-documents/Pages/official-documents.aspx (TPP) was finally released overnight, sparking furious criticism about environmental protections and intellectual property rights.

Robb said Friday the text of the comprehensive agreement is out in “record time” and insists Australia will sign it.

The TPP represents about 40 percent of GDP and is designed to limit 98 percent of tariffs between the 12 nations including the United States, Japan and Chile, but analysts and activists say they see evidence of “green-washing” in the Environment Chapter.

“The agreement has poor coverage of environmental issues, and weak enforcement mechanisms,” said intellectual property expert, Dr Matthew Rimmer.

“There is only limited coverage of biodiversity, conservation, marine capture fisheries, and trade in environmental services.

He’s concerned that climate change is not mentioned at all in the heretofore secret document.

“‘Climate Change’ is like Voldemort from the Harry Potter series -- an evil, which must not be named. Instead, there is some weak language on the transition to a low emissions economy,” the QUT professor said.

The Trade Minister stands by the agreement, “This is not a climate change policy, “he told ABC radio.

“It is not an agreement to do with climate change. It is a trade agreement.”

The Trade Minister questions whether critics have read the entire document.

“I am a bit disappointed that 6000 pages hit last night at six o’clock, or whatever, and literally within 20 minutes people, predictable people, ringing media outlets around the country giving so-called expert advice with no opportunity to study the document,” he said.

“We have been successful in leading the charge in getting significant carve outs which preclude public policy in environmental areas from being subject to litigation.”

Dr Rimmer regards the Competition Chapter as having weak recognition of competition policy and consumer rights and he has concerns about the Intellectual Property Chapter, relating to the disclosure of trade secrets, computer crimes, and espionage.

“Such provisions could have a significant impact upon journalists, whistle-blowers, and civil society,” he said.

The controversial ability for multi-national companies to use the TPP provisions to sue countries, like Australia, through the investor-state dispute settlement (ISDS) clause remains.

Australia secured an amendment in the General Exceptions Chapter to stop tobacco companies from suing over issues, like plain packaging laws, but Dr Rimmer insists it may still be possible.

“This is not a complete carve-out for tobacco control measures,” he said.

“The agreement does not necessarily provide protection for tobacco control measures from attack under other regimes.”

Robb believes the agreement, also with Vietnam, Brunei, Canada, Malaysia, Mexico, New Zealand, Peru and Singapore, is a transformational agreement from which all Australians will benefit.

“This has been negotiated over many, many years. We were aware from day one the major areas of sensitivity,” he said.

“I am very confident we have addressed those.”

The TPP still has to be ratified by all 12 nations, including the U.S. which has a presidential election coming up.

The full text will be tabled in Parliament for 20 sitting days, with the joint standing committee on treaties set to conduct an inquiry into the trade pact.

It is expected the agreement will be ratified by all participant nations by the middle of 2016.

The Federal Opposition has vowed to examine the document “very carefully.”
http://www.huffingtonpost.com.au/2015/11/06/robb-stands-by-asia-pacific-trade-pact_n_8483178.html

See also:

"How trade deals like TPP fail the global poor"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118334228

which is a correction to the one before.






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