ISDS Case Map
Japan
So straightforward was Australia’s first trade deal with Japan that the Japanese thought it was a trick.
Ricegrowers' Association of Australia President Les Gordon has slammed Prime Minister Tony Abbott's landmark free trade agreement with Japan as a deal that punishes and ignores ricegrowers.
Prime Minister Tony Abbott and Trade Minister Andrew Robb have hailed the freshly inked free trade agreement with Japan as “historic”. Yes, it is historic in a sense that it is a repeat of the much criticised 2004 free trade agreement with the United States that provide very limited commercial benefits to Australian farmers.
One of Japan’s most influential corporate leaders says he expects Australia and Japan will conclude a free-trade agreement in July.
Japanese companies would be able to sue Australian governments under clauses expected to be included in the Australia-Japan free trade agreement.
A new report to be released today reveals that Japanese companies have stashed away $1.56 trillion cash reserves, the equivalent of Australia’s entire annual economic output — and potentially a source of massive new investments in Australia under a free trade deal.
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.
