Australia says no to investor 'rights to sue' in trade deal | Pacific Beat

Australia says no to investor 'rights to sue' in trade deal

Australia says no to investor 'rights to sue' in trade deal

Updated 14 June 2012, 17:09 AEST

Australia has said no to the inclusion of 'investor rights to sue' in the proposed Trans-Pacific Partnership free trade agreement.

The move is revealed in a leaked chapter of the agreement's text, obtained by the Australian Fair Trade and Investment Network.

The Network has welcomed Australia's stance but wants it to go further and get the provision taken out of the document.

The Trans-Pacific Partnership is a United States initiative which brings Washington together with Australia, New Zealand, Malaysia, Vietnam, Singapore, Brunei, Chile and Peru.

The Fair Trade and Investment Network's Convenor, Pat Ranald, explained to Jemima Garrett, exactly what it is that Canberra has said 'no' to.

Presenter: Jemima Garrett.

Speaker: Dr Patricia Ranald, Convenor of the Australia Fair Trade and Investment Network

Contact the studio

Got something to say about what you're hearing on the radio right now?

Text/SMS
Send your texts to +61 427 72 72 72

Tweets
Add the hashtag #raonair to add your tweets to the conversation.

Email
Email us your thoughts on an issue. Messages may be used on air.