TPPA a threat to the environment

Press Release – Climate Justice Taranaki “The secret Trans-Pacific Partnership Agreement (TPPA) negotiations taking place now in Auckland (3-12 Dec) will have huge impacts on New Zealand from environmental protection to access to medicine, labour laws and internet regulations just to name …TPPA a threat to the environment 3rd December 2012 “The secret Trans-Pacific Partnership Agreement (TPPA) negotiations taking place now in Auckland (3-12 Dec) will have huge impacts on New Zealand from environmental protection to access to medicine, labour laws and internet regulations just to name a few,” says Climate Justice Taranaki member Urs Signer. The TPPA is an international agreement which involves eleven Asian and Pacific-rim countries. Because the negotiations are being conducted in secret, what we know about the TPPA comes from leaked documents and detective work. Not even MPs know what exactly is being negotiated. The negotiations started in 2007. “One of the most significant causes for concern around the TPPA is that it would give foreign investors the right to sue the New Zealand government in private offshore tribunals for introducing laws or policies which they claim would significantly hurt their investments. This is called Investor-State Dispute Settlement (ISDS) and — if overseas examples are anything to go by — it would disproportionately affect moves to strengthen environmental protection.” “This means that New Zealand could be sued by multinationals if restrictions around deep-sea drilling...

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