Trade Minister Robb is negotiating a Free Trade Agreement with Japan with the aim of completing it before Prime Minister Abbott visits Japan on April 8. We understand that foreign investor rights to sue governments (ISDS) is being offered as a bargaining chip to obtain access to Japanese agricultural markets.
There have been many cases of governments being sued over health and environmental laws. The recent claimed “safeguards” have not prevented governments from being sued. This is a serious risk to our democracy and sovereignty. The inclusion of ISDS in multiple trade agreements increases the chances of Australian governments being sued. ISDS should not be included in the Japan FTA, the Trans-Pacific Partnership Agreement (TPP) or any trade agreement.
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