TPP

The Trans-Pacific Partnership (TPP) was concluded in October 2015 between the United States and 11 other Pacific Rim countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
Indonesia and Taiwan declared their intention to join in. The treaty has yet to be ratified.

The investment chapter has revealed the deal includes investor-state dispute settlement (ISDS). Civil society groups have blasted the mechanism, as it gives a foreign investor or company disproportionate powers vis-à-vis governments or domestic companies. Foreign investors would be able to bypass national justice courts and resort to a parallel system of justice specifically made for them.

Public health, the environment and other public-interest ‘safeguards’ would be undermined under the ISDS provisions in the TPP.

(November 2015)

| 21-May-2012
Smoking is bad for our health. Smoking is detrimental to our economic well-being - smoking-related conditions and diseases cost the health service in this country millions and millions of dollars each year. But moves to reduce or stop smoking in this country could cost us just as much if not more.
Sydney Morning Herald | 5-Mar-2012
The federal government is standing firm against Australian and US business demands that it allow controversial dispute settlement clauses into an ambitious new Pacific free trade deal.
The Conversation | 25-Aug-2011
Legislation requiring tobacco products to be in plain packaging was passed by Australia’s House of Representatives last night. This is the first such measure in the world to become law.
Info Justice | 4-Aug-2011
Philip Morris asserts that fair and equitable treatment includes a right to a “stable and predictable regulatory framework” as well as rights under treaties in addition to customary international law.
| 28-Jun-2011
Tobacco giant Philip Morris suing the Australian government for introducing plain packaging laws for tobacco should send shockwaves through this country as it seeks a free trade deal involving the US, says an academic critic of the deal.
Radio NZ | 7-Feb-2011
A top United States trade official says New Zealand is ready to accept investor-state disputes in the nine-country TransPacific Partnership trade agreement (TPP).
| 16-Jan-2011
Big tobacco is hoping a new multilateral free trade agreement will enable it to sue the Federal Government if Australia introduces plain packaging for cigarettes in mid-2012 as planned.

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