ISDS Case Map
Australia
After a decade long struggle by PSI and affiliates against trade rules that put corporate profits before people, victory is in sight!
The Productivity Commission has concluded that letting China into the trans-Pacific free trade pact would deliver negligible economic benefit for Australia, a finding that won’t help Beijing’s bid to join the club.
Europe’s Commissioner for Energy said she had been in conversations with Australia’s Resources Minister for an agreement on critical minerals, and that there would be more news “soon.”
Trade and Tourism Minister Don Farrell says he and his European counterpart are both committed to “having another go” at a Free Trade Agreement.
Some international trade agreements allow foreign investors to sue the Australian government if a change in law or policy reduces their profits, even if the change protects public health or the environment.
President Ferdinand Marcos Jr. recently announced the Philippines' signing of the second protocol to the ASEAN-Australia-New Zealand Free Trade Agreement during the ASEAN-Australia Special Summit. This agreement aims to facilitate trade and investment opportunities for businesses, including micro, small, and medium enterprises, by reducing trade barriers and enhancing market access.
Indiana Resources is closer to recovering its historical sunk investment for the unlawful expropriation of the Ntaka Hill nickel sulphide project after the ICSID struck out most of Tanzania’s grounds for requesting the annulment of the award.
The Nepal-Australia Trade and Investment Framework was signed during Foreign Minister NP Saud’s ongoing visit to Australia.
Critics have highlighted that the UAE is only Australia’s 19th largest trading partner, and have said that the economic benefits are outweighed by the reputational risk Australia takes by implicitly endorsing the UAE’s poor human rights and labour practices through an FTA.
Panthera, a gold exploration company with assets in India, said that its subsidiary Indo Gold Pty Ltd had issued a notice of dispute to the Indian government over the latter's breach of the 1999 Australia-India bilateral investment treaty.
