TPP details released by NZ parliament

The New Zealand government, which signed on to the TPP, put the contents of the agreement on its website last Thursday, saying it would continue to undergo legal review.

The Australian Free Trade and Investment Network has been sceptical of the ISDS clause, and of the TPP more broadly.

“The general ‘safeguards’ in the text [regarding ISDS] are qualified, and similar to those in other recent agreements which have not prevented cases against health and environmental laws,” coordinator of the network, Patricia Ranald, said. “They do not address the fundamental flaws of an unfair international tribunal system which has no independent judiciary, no precedents and no appeals.”