Will our sovereign rights be signed away with the Trans-Pacific Partnership (the TPP) Agreement? Matthew Mitchell examines the likelihood in this guest article.
Currently our government is negotiating the TPP with America (and other nations) in a secret process. This process and many proposed elements of the agreement have been universally condemned by civil society. In particular the Investor-State Dispute Settlement (ISDS) system, which the Abbott government has indicated it may accept. The ISDS has been protested against by over 30 civil society organisations in Australia (in a letter published by AFTINET) and also by judges, lawyers and academics globally (in an open letter) arguing that it:
“threatens to undermine the justice systems in our various countries”
“the increasing use of this mechanism to skirt domestic court systems and the structural problems inherent in the arbitral regime are corrosive of the rule of law and…
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