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)

Universidad de Chile | 28-Apr-2021
El CPTPP, o más conocido como TPP-11, "es un ambicioso acuerdo comercial que involucra a 11 países y su objetivo es contribuir al crecimiento económico", según se describe en la página web de la Subsecretaria de Relaciones Económicas Internacionales, pero este tratado, que tiene alrededor de 700 páginas, ¿es solo comercial?
CCPA | 15-Apr-2021
The removal of investor–state dispute settlement (ISDS) from the renegotiated NAFTA was a critical victory but Canada, the US and Mexico continue to be enmeshed in an extensive web of bilateral and regional accords containing ISDS.
Financial Express Bangladesh | 18-Jan-2021
Corporate globalisation and Covid-19 should also have taught developing countries that they must reject FTAs strengthening IPRs, ISDS and TNCs in order to secure policy space to ’build back better’.
Resumen | 18-Dec-2020
Sabemos que las mujeres solo son propietarias del 1% a nivel mundial, mientras realizan las dos terceras partes del trabajo por un 5% del salario.
Radio UChile | 11-Sep-2020
Mientras expertos a nivel nacional e internacional advierten las consecuencias que ha tenido el arbitraje internacional para distintos Estados en el manejo de la pandemia, este lunes más de 400 agrupaciones enviarán una carta al Presidente Piñera y a la presidenta del Senado, pidiendo que no se ponga en tabla la ratificación del polémico acuerdo.
Malaysiakini | 7-Aug-2020
It is now abundantly clear that the CPTPP has not only proved irrelevant in the face trade protectionism but would actually strengthen IPRs, raising the costs of Covid-19 tests, treatments and vaccines.
Scoop | 29-Jun-2020
The Transpacific Partnership Agreement involves investor - state dispute settlement clauses, which large companies may use ISDS to sue governments for actions they took to stop the spread of the virus.
Chile Mejor sin TLC | 19-Jun-2020
Quieren transformarse en víctimas y denunciar al Estado de Chile para no asumir los costos y que se les compense por supuestas pérdidas económicas, esto es posible por los TLCs y acuerdos de protección de inversiones que Chile ha suscrito
Lexology | 5-May-2020
In recent years, observers have questioned whether investor–state arbitration will or should be a feature of the next generation of free trade and bilateral investment treaties.
The Conversation | 23-Apr-2020
Global companies are positioning themselves to use little-known rules in trade agreements to claim millions of dollars in compensation for restrictions imposed during the pandemic.

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