Category: FTA

Another Australian miner sues another poor country, this time Barrick’s Porgera in PNG – Michael West

Investor State Dispute Settlement action, ISDS

After 30 years extracting gold, committing environmental and human rights abuses, the operator of Porgera mine is suing the PNG government for not extending its licence. It is using an Investor State Dispute Settlement (ISDS) clause in a Free Trade Agreement to sue, a clause made famous when US multinational Philip Morris tried to sue Australia over its tobacco plain packaging laws. Australian mining companies are increasingly using ISDS processes and are being awarded billions based on dubious calculations of potential lost profits by unaccountable international tribunals. Patricia Ranald reports.

Another Australian miner sues another poor country, this time Barrick’s Porgera in PNG – Michael West

Uruguay Shows the Way by Leaving Secret Trade Deal | Common Dreams | Breaking News & Views for the Progressive Community

Source: Uruguay Shows the Way by Leaving Secret Trade Deal | Common Dreams | Breaking News & Views for the Progressive Community

FactCheck: could foreign workers be paid less under the China-Australia FTA?

FactCheck: could foreign workers be paid less under the China-Australia FTA?.

Australia flying blind on free trade agreements, says Productivity Commission

Labor MP Jim Chalmers has questioned the nature of free trade deals.

Australia flying blind on free trade agreements, says Productivity Commission.

Chinese corporations allowed to sue Australian government under free trade agreement

"Could future changes to the renewable energy target or carbon farming schemes give rise to liabilities under this dispute mechanism?": Penny Wong.

Chinese corporations allowed to sue Australian government under free trade agreement.

Our Jobs Our Kids Our Future: Free Trade Agreements are killing manufacturing jobs.

HOCKEY FINALLY ADMITS THAT THE COALITION WANTED CAR MANUFACTURING TO CEASE IN AUSTRALIA IN ORDER TO SECURE FREE TRADE AGREEMENTS. Economic rationalists will throw loyalty out the window and China knows who their dealing with…

Hockey told ABC radio this morning that the Coalition would not have secured its recent free trade agreements if the government hadn’t presided over the demise of local car manufacturing. (He’s quite correct on that point, but I doubt Australian car workers currently in the process of being retrenched will appreciate the fact they have been sacrificed in order for Australia to lock down an FTA with China and Korea.) The treasurer was quite clear this morning that was the transaction – there would have been no free trade agreements if we hadn’t made the hard decisions on industry assistance at the beginning of the year.