This new Briefing Note from the Transnational Institute shows how the investor-state dispute settlement mechanisms - the same rules contained in TPPA - are lubricating a global farmland grab of massive proportions. In the last decade trillions of dollars have flown into international land transactions, and countries have rushed to sign investment treaties that allow foreign investors to sue those countries when new laws affect their bottom line. TNI give examples of how these laws have undercut domestic policy - Dutch investors have taken cases against Zimbabwes land reform programme, German investors have challenged judicial decisions to break up old colonial estates in Namibia, the threat of a claim compelled the eviction of landless peasant families in Paraguay and many more examples. NZers are becoming increasingly concerned over the sale of farmland to overseas investors, however subsequent regulatory action to support NZ ownership of NZ could be challenged by ISDS claims under TPPA. NZers are becoming increasingly concerned over the sale of farmland to overseas investors, however subsequent regulatory action to support NZ ownership of NZ could be challenged by ISDS claims under TPPA. NZers are becoming increasingly concerned over the sale of farmland to overseas investors, however subsequent regulatory action to support NZ ownership of NZ could be challenged by ISDS claims under TPPA. NZers are becoming increasingly concerned over the sale of farmland to overseas investors, however subsequent regulatory action to support NZ ownership of NZ could be challenged by ISDS claims under TPPA. NZers are becoming increasingly concerned over the sale of farmland to overseas investors, however subsequent regulatory action to support NZ ownership of NZ could be challenged by ISDS claims under TPPA.
Posted on: Sat, 24 Jan 2015 10:46:25 +0000
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