A clause in the UK-Australia trade deal could let companies sue governments. We have been here before | Patricia Ranald
Australians remember Philip Morris suing the government. We should not hand UK corporations the same weapon
The British trade minister has confirmed that corporate rights to sue governments are being discussed in the final negotiations for the Australia-UK free trade agreement before an announcement at the G7 meeting in the UK on 11 June.
The agreement is part of the post-Brexit rush by the UK to conclude deals to make up for its loss of zero tariff access to the huge European market. It’s therefore puzzling that the UK appears to be promoting, and that Australia may agree to, investor-state dispute settlement (ISDS) provisions which are likely to fuel community opposition to the deal in both Australia and the UK.
