ISDS Case Map
Australia
“ISDS clauses pose a direct threat to Australia’s sovereignty and the ability of the Australian government to make laws in the national interest. They have no place in any agreement which claims to have the interests of working people at heart,” the Australian Council of Trade Unions said.
In a big win for unions and “fair trade” campaigners, Australian Trade Minister will announce government's vow to strip future free trade agreements of investor-state dispute settlement clauses and water them down in existing deals.
Massive compensation claims loom over the Australian government’s gas market intervention, with lawyers warning price caps and windfall profit taxes could lead to legal action under trade agreements.
The free trade agreement that was signed by India and Australia earlier this year is expected to be implemented soon, an official statement released by the commerce and industry ministry said.
Why do governments include ISDS in investment treaties despite scant evidence of its economic benefits and clearer info about its costs?
China would need to fulfill the requirements the pact’s requirements, conditions and obligations, a process which Canberra has been wary of for different reasons, such as Beijing imposing a series of measures including tariffs on Australian products.
An opportunity arises for cooperation between Indonesia and Australia on the lithium supply chain via the Indonesia-Australia trade agreement.
Australia's trade minister remains concerned about China's application to join one of the world's biggest multilateral free trade agreements due to festering disputes between the two countries.
The European Union and Australia are now talking up the strategic value of a deal.
