Under a Trans Pacific Partnership deal, foreign investors in New Zealand could be able to take international legal action against a government decision such as that which rejected a Chinese company’s bid for Lochinver Station, says an Auckland Law School senior lecturer.
A new report formulates an innovative trade deal exemption clause that allows countries to pursue environmental and climate change policy free from the chilling effects resulting from investor-state dispute settlement provisions in trade agreements.
The European Commission has published its investor-to-state dispute settlement (ISDS) reform proposal for the EU-US trade agreement under negotiation (TTIP), which institutionalises discrimination.
Under the Trans-Pacific Partnership (TPP), multinational corporations will be able to sue the Australian Government in secret corporate courts over laws that protect our health, environment and workers’ rights.