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Hydra…….

5th August 2015. Free trade agreements should not be about corporate interests supplanting public ones but, with the secrecy surrounding the Trade in Services Agreement talks this may be what Australia’s future holds. Germany is presently being sued, under the investor-state dispute settlement (ISDS) provisions, for $US4.7 billion because it wants to phase out nuclear power. Canada lost a case after Quebec imposed a moratorium on fracking. The federal government was sued over its tobacco legislation, and though it won the 2012 case, the latest one asking billions in compensation has not been decided.

Our essential sovereignty in being able to regulate business in our own country.

‘There is no friendship in trade’

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