Kerrie Christian's MAI Page - Archived


MULTILATERAL AGREEMENT ON INVESTMENT - prepared by Kerrie Christian

MAI INQUIRY - AUSTRALIAN JOINT STANDING COMMITTEE ON TREATIES

Details of INQUIRY & How to make a SUBMISSION

  • Australian Film Industry Wakes Up to Treaties & MAI Implications -Film Wars - Australia vs New Zealand-SMH May 2 1998 & The Age May 3 1998


    State of play: results achieved and further work

    Scope of the MAI

    The MAI is to be a comprehensive agreement covering all forms of investment coming from MAI investors, including the establishment of enterprises and the activities of established foreign-owned or controlled enterprises. Its aim is to apply MAI disciplines to all sectors and at all levels of government. It extends beyond traditional foreign direct investment to encompass portfolio investment and intangible assets. Further work is focusing on intellectual property rights, indirect investment, concessions, public debt and real estate.

    From the 1997 progress report presented by the MAI Negotiating Group to the OECD Council meeting at Ministerial level in May 1997.


    The OECD multilateral agreement on investment (MAI) has been described as a charter of rights and freedoms for transnational corporations (TNCs) and international investors, which they will have the right to enforce against governments. It imposes no corresponding responsibilities on investors.....

    Dr Jane Kelsey , Law Faculty, Auckland University


    Trade unions will be calling on governments : to establish as a priority an International Commission to develop a new financial architecture which is required to govern international capital markets; & to develop the social and democratic dimensions to globalisation and move decisively to ensure that core labour standards are guaranteed in the global trade and investment system.....

    Trade Union Advisory Committee to OECD TUAC


    The MAI Issue

    There has been considerable interest recently in the Multilateral Agreement on Investment. The MAI has the potential to touch every one of our lives. If Australia signs the agreement the political future of our country will no longer be driven soley by Australian interests, but we will be part of a global economy. Many people oppose this threat to our national sovereignty while others look forward to entering the potential new markets of an integrated global economy.

    Australian Politics Website


    DIRECTORY

    BACKGROUND to MAI

    OPINIONS on MAI

    OECD

    AUSTRALIA - PARLIAMENTARY / PRO-MAI / ANTI-MAI / UNION WEB SITES / MEDIA

    INTERNATIONAL

    CANADA

    EUROPE

    JAPAN

    NEW ZEALAND

    UK

    USA


    OECD


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    AUSTRALIA


    AUSTRALIAN PARLIAMENTARY INFORMATION


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    Search Hansard Web Site


    Australian PRO-MAI Web Sites

    • Wolfgang Kasper's Analysis - Open for Business? Australian Interests and the OECD’s Multilateral Agreement on Investment (MAI)

    Australian ANTI-MAI Web Sites


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    UNION WEB SITES


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    AUSTRALIAN MEDIA STORIES ABOUT MAI

    • This site includes the Australian Democrats Media Releases
    • Pauline Hansen's MAI Site includes media links.
    • ABC News
    • Australian Financial Review -
      • Stinging attack on anti-MAI groups by Australian Financial Review AFR - February 5 1998...What do redneck populist Ms Pauline Hanson, the Australian Democrats and assorted left-wing greenies have in common?
      • Money, foreign investment and the new world order...." January 19 1998
      • Australian backs away from OECD foreign investment plan...." January 1998
      • Investment agreement provides safeguards...."January 1998
      • Exposing hypocrisy - John Stone's article "Foreign banks should pay the price for debt crisis...January 1998
      • OECD exemption sought...television content rules ...." February 1998
      • MAI will harm our interests....Your letter accusing me of a scare campaign on the Multilateral Agreement on Investment reflects the same arrogant policies...." February 1998
      • Support for global investment pact on the wane April 27 1998
      • OECD puts MAI on Backburner & plans tax haven Black list - April 30 1998
      • Globalisation < HREf="http://www.afr.com.au/content/980502/world/world4.html"> Questioned May 2 1998
    • Business Review Weekly
      • December 1997 - "NZ Voters are wary of Free-Trade Treaty"...Most political parties favour the Multilateral Agreement on Investment, but the feeling is not mutual at grass roots Jim Anderton, leader of New Zealand's left wing Alliance, is adamant about the Multilateral Agreement on Investment: "We sign away our...
      • January 1998 - "A Conspiracy Theory worth worrying about"....An OECD treaty on foreign direct investment seems to put corporations beyond the law of nations. Critics are alarmed by the secrecy surrounding the plan....
      • January 26 1998 - "How the world may end up paying for the allure of globalisation..."
      • February 16 1998 - "Tax rates and the new world order..."
      • February 23 1998 - "In money markets, the some of the parts is greater than all of us ...as the participants in global markets move closer together, the system becomes much more vulnerable to uncertainty...."
      • March 2 1998 - World wide Investment Freedom no simple goal
      • March 9 1998 - Letter - "Do we really want a free market world?"
      • March 23 1998 - "Multinationals rule, so governments must take their chances..."
      • March 30 1998 - "In Backward Australia, let the debate begin....Anyone with the temerity to argue against the trend to a "global economy" is likely to find their credentials questioned..."
      • April 6 1998 - "Playing the Global Game...." & "Global ambitions start a US market stampede..."
      • April 13 1998 - "Big shocks ahead for our businesses....the Australian services sector will go from being highly protected to being exposed to free trade."
    • Alexander Downer releases a White Paper on Foreign Policy August 29 1997.
    • Foreign threat in global accord - Australian - February 4 1998.
    • World Trade - Treaty Xenophobia - SMH - March 7 1998
    • Opposition Foreign Affairs Spokesman Laurie Brereton demands an inquiry into the MAI - Australian March 4 1998
    • Senator Rod Kemp - Australia will only sign MAI if in the national interest - Australian March 11 1998
    • Globalisation - SMH March 21 1998
    • Courier Mail - Conspiracy Theories - March 21 1998
    • Letter from Rod Kemp to Weekend Australian - Trade Pact won't bar local control of Telstra - March 22 1998
    • Parliament's power would be decimated and decisions made by corporate cowboys subject to no controls...Australian - March 22 1998
    • April 7 1998 - MAI by Anna Pha
    • Rich nations to back down over charter SMH - April 27 1998
    • Implications of MAI Court opens our TV screens to Kiwis SMH - April 29 1998
    • Australian Film Industry Wakes Up to Treaties & MAI Implications -Film Wars - Australia vs New Zealand-SMH May 2 1998 & The Age May 3 1998
    • Multilateral Agreement on Investment - Public Hearing May 5 1998 - Bill Taylor MP

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