Submission on the CPTPP Amendment Bill
We oppose ratification of the TPP in its present form (TPP-11), because its remaining investor-state dispute settlement (ISDS) provisions endanger our efforts to deal with climate change.
The TPP is strongly aligned to protecting relatively short-term corporate business interests rather than addressing more important and wider environmental issues. In particular, there is no reference to climate change, even though this is the most urgent and critical issue currently facing us. However, the TPP provisions directly affect our ability to take necessary climate protection measures.