Article 1GCNE Labor pledges to review trade deals that let companies sue Australia

Labor pledges to review trade deals that let companies sue Australia

by
Gareth Hutchens
from on (#1GCNE)
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ALP says it will try to change three major agreements that allow corporations to sue if they think a government has damaged their interests

Labor is promising to review three of the major free trade agreements signed by the Abbott and Turnbull governments in the hope of removing a controversial clause that allows foreign corporations to sue the Australian government.

It will also make Australia's involvement in a proposed huge free trade zone in the Asia Pacific - dubbed the Regional Comprehensive Economic Partnership (RCEP) - subject to stricter entry conditions than those the Coalition demanded.

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Related: TPP trade deal will expand Australia's economy by less than 1%, World Bank reveals

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