Coalition may add clause to Japan trade deal that lets foreign companies sue Australia - News Summed Up

Coalition may add clause to Japan trade deal that lets foreign companies sue Australia


It means a Labor government would also have to review the agreement with Japan if an ISDS provision was added to it. The negotiations have been triggered by a relatively unknown clause in the Japan-Australia agreement, which was signed by the Abbott government in 2014. The Turnbull government is considering adding a controversial provision to the Japan-Australia free-trade agreement that would allow foreign corporations to sue the Australian government. On Tuesday Ciobo criticised Labor’s plan to review Australia’s trade agreements, warning it would wreck the government’s hard-won efforts. “Renegotiating these deals, that are already delivering jobs and growth, puts the significant benefits the Coalition secured for Australia at risk.”


Source: The Guardian June 08, 2016 05:37 UTC



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