TPP

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP or TPP for short) is a trade and investment agreement that was signed on 7 March 2018 between 11 Pacific Rim countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The pact went into force on 30 December 2018 among the members who have ratified it. The US withdrew from it in January 2017.

The investment chapter includes investor-state dispute settlement (ISDS) provisions. Civil society groups have blasted the mechanism, as it gives a foreign investor or company disproportionate powers vis-à-vis governments or domestic companies. Foreign investors can resort to a parallel system of justice specifically made for them to challenge public health, the environment and other public-interest ‘safeguards’, and bypass national justice courts.

Photo: Blink O’Fanaye / CC BY-NC 2.0

(March 2020)

McCarthy Tétrault | 31-May-2023
Direct remedies may be available to Canadian miners under the CPTPP in relation to the changes to Mexico’s mining laws.
Chile Mejor sin TLC | 20-Apr-2023
Ante la aprobación del proyecto de expansión de Los Bronces, de la minera multinacional AngloAmerican, Chile Mejor sin TLC se une al clamor y repudio de organizaciones socioambientales y personalidades, rechazando esta decisión.
The Ecologist | 12-Apr-2023
UK accession to Pacific trade deal empowers fossil fuel firms to sue governments.
The Monitor | 7-Apr-2023
Canada should join Australia and New Zealand in neutralizing lopsided corporate protections in CPTPP.
JDSupra | 17-Mar-2023
Investors from the United States, Mexico or Canada in the territory of one of the other two investment hosting states, who may have been adversely affected by the host government’s measures, need to act by the end of March 2023 to preserve NAFTA rights.
CIAR Global | 21-Oct-2022
Chile ha enviado una serie de side letters o cartas bilaterales a los diferentes países que conforman el Tratado de Integración económica TPP-11, aprobado por el Senado chileno recientemente.
Radio Uchile | 6-Oct-2022
En una carta enviada al Mandatario, la coordinadora afirmó que el TPP-11 permitirá a las corporaciones recurrir a los tribunales internacionales y exigir millonarias compensaciones si el país decide terminar con el sistema de AFP’s.
América Latina Mejor Sin TLC | 5-Oct-2022
“Los impactos que tendrá el TPP-11 deben ser analizados de modo integral, no por capítulos”, afirma Luciana Ghiotto y explica que “no hay modo que el tratado colabore en la construcción de un modelo de desarrollo diferente para Chile”.
América Latina Mejor Sin TLC | 4-Oct-2022
The impacts that TPP-11 will have then must be analyzed in an integral way, not by chapters. For years now, from various academic and social sectors, we have been explaining that agreements such as the TPP-11 are negative in their entirety.
Pressenza | 3-Oct-2022
The recent experience of the countries that have already ratified the TPP-11 and begun to operate, has demonstrated the character of this treaty and its pro-business tribunals, which is nothing more than an insurance for large corporations on their profits and markets.