Whish-Wilson: Under ISDS provisions could foreign investors sue over changes to Australian policy?
In question time today, Peter made the Government aware that under the North American Free Trade Agreement, the multinational corporation ARCHER DANIELS MIDLAND- ADM successful sued Mexico under ISDS provisions for legislation enacted by the Mexican Parliament.
Given that the ADM bid for Graincorp was recently rejected under a National Interest test, Peter asked the Minister to rule out whether under ISDS provisions, foreign investors could sue over future ‘nation interest test’ decisions or changes to our Foreign Investment framework?
For these questions the government had no answer.