ISDS Case Map
Australia
Australian Trade Minister Andrew Robb said substantive issues remained in trade negotiations with Japan as the two nations rushed to conclude a free trade agreement before their prime ministers meet on Monday.
Clinching further free trade agreements will not reap the anticipated billions of dollars of benefits for Australian firms unless the deals are better drafted, the Australian Chamber of Commerce and Industry has warned Trade Minister Andrew Robb.
Dairy farmers believe Australia's free trade agreement with Japan could signed by Monday. But they don't believe the deal will deliver them anything.
The push by the Australian Government to have a hand-shake deal done by the Prime Minister, Tony Abbott, when he visited Japan in April could see dairy miss out, Australian Dairy Farmers president Noel Campbell said.
Japan and Australia failed to reach an agreement over cutting tariffs on farm products during ministerial talks Wednesday in Tokyo and could only confirm they will continue the negotiations.
The prospects of concluding the Trans-Pacific Partnership (TPP) – the proposed regional trade deal between 12 Pacific Rim countries, including Australia – look to have taken another hit, with opposition towards the deal in the US continuing to grow.
National Farmers Federation president Brent Finlay says he is "excited" at the prospect of a free trade agreement with China but has urged the government not to allow "carve-outs and exclusions" in any deal.
China will "accelerate" negotiations for a free trade agreement with Australia, Premier Li Keqiang has said in his opening speech to the National People's Congress.
The thermal coal producer said the International Centre for Settlement of Investment Disputes rejected Indonesia's jurisdictional challenges and it can now pursue claims for damages under the respective Bilateral Investment Treaties Indonesia entered into with the United Kingdom and Australia.
The text of the Korea-Australia Free Trade Agreement (KAFTA) was released on 17 February 2014, following the conclusion of negotiations on 5 December 2013.
