Trade representatives from more than a dozen countries have flown into Australia to conduct highly secretive negotiations on a mega deal that will sideline the US amid the ongoing economic fall-out from the US-China trade war.
Several new trade pacts that cater to transnational corporations, like the Regional Comprehensive Economic Partnership or the proposed deals pending with Europe, threaten to radically change the map and wipe out India’s small dairy producers.
Australian gold mining firm Kingsgate Consolidated is seeking negotiations with the new Thai government over the case in which it was ordered to cease mining operations in Phichit two years ago.
A new study of trade and investment deals concluded in 2018 by UNCTAD shows that most have either omitted ISDS altogether or severely limited its scope, reports AFTINET
ALP had pledged to renegotiate agreement if it won office but will now wait until parliament resume to decide whether to ratify it
Indonesia and Australia should agree to terminate the BIT upon entry into force of the IA-CEPA regardless of whether it ultimately includes an ISDS mechanism.
Poland’s prime minister and other government officials will meet to discuss a threat by Australia’s Prairie Mining to sue Warsaw over difficulties it faced in developing coal projects
A former investment treaty between India and Australia allows for a legal claim if the mine doesn’t go ahead, but this shouldn’t deter a federal government, says a UNSW Law researcher.
Mining representative has highlighted the importance of an ongoing trade relationship with China, saying Australia missed an "opportunity" by not signing up to the Belt and Road Initiative (BRI) earlier.
The Regional Comprehensive Economic Partnership, known as ’RCEP,’ is a huge free trade agreement with potentially dire consequences for millions of women around the world.
Instead of categorically dismissing ISDS, the IACEPA clarifies the protection that the States are willing to grant to investors; and procedural rules that they are willing to adopt.
Australia keep up its process of integration with the ASEAN, even though it now has bilateral agreements with four ASEAN members.
Florida-based APR Energy sought compensation for treatment of its gas turbines.
Detailed scrutiny of the text of the recent Indonesia trade deal has revealed that there are no provisions to cancel the old 1993 Indonesia-Australia bilateral investment agreement.
If safeguard is triggered, tariff reverts to the lesser of WTO most-favoured-nation (MFN) applied rate of customs duty in effect on the date the safeguard measure is applied or the original base rate of the tariff reduction schedule.
The Australian mining company Kingsgate Consolidated, armed with a US$55-million insurance payout for the closure of its gold mine in Thailand, says it now has the financial means to pursue its arbitration case against the Thai government.
As released by the Australian Government
On 26 March 2019, Australia and Hong Kong signed the Australia-Hong Kong Free Trade Agreement and its associated investment agreement.
Philip Morris, a US company, moved ownership of its Australian operations to Hong Kong to take advantage of ISDS in an Australia-Hong Kong investment treaty.
The Australia-Hong Kong Free Trade Agreement and separate Investment Agreement signed still give special rights to foreign investors to bypass national courts and sue governments for millions of dollars in international tribunals