"The reality is this TPP free trade deal is as much about free trade as it is about entrenching the interests of large multinational corporations...
Pharmaceutical giant Ely Lilly is suing the government of Egypt for lifting the minimum wage. Canada is being sued for a ban on fracking and Germany for its phasing out of nuclear power; all actions taken under ISDS clauses in free trade pacts.
US corporations are the biggest litigants, having brought some 127 cases thus far against sovereign government decisions which they claim have damaged their financial interests. Taxpayers have the pleasure of footing the legal defence bills. Even worse, the authority of sovereign courts is ignored in favour of an international dispute tribunal."
Turnbull tossing on about a "foundation stone for our future.. The details are a secret, that bodes well.
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Peter Batten, MD
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