Abbreviations

ACCI
Australian Chamber of Commerce and Industry
ACTU
Australian Council of Trade Unions
ADI
Australian Dairy Industry
AFTINET
Australian Fair Trade and Investment Network
ALP
Australian Labor Party
AMWU
Australian Manufacturing Workers’ Union
APCCI
Australia Peru Chamber of Commerce Inc.
BCA
Business Council of Australia
CPTPP
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11)
DFAT
Department of Foreign Affairs and Trade
ECA
Export Council of Australia
ETU
Electrical Trades Union
EU
European Union
FDI
foreign direct investment
FTA
Free Trade Agreement
GATS
The General Agreement on Trade and Services
GDP
Gross Domestic Product
Go8
Group of Eight
ICSID
International Centre for Settlement of Investment Disputes
IPPA
Agreement between Australia and the Republic of Peru on the Promotion and Protection of Investments, and Protocol
ISDS
investor-state dispute settlement
JSCOTJoint Standing Committee on Treaties
MCA
Minerals Council of Australia
METS
Mining Equipment, Technology and Services
NFF
National Farmers’ Federation
NIA
National Interest Analysis
OBPR
Office of Best Practice Regulation
PAFTA
Peru—Australia Free Trade Agreement (Free Trade Agreement between Australia and the Republic of Peru)
RIS
Regulation Impact Statement
SMEs
small business enterprises
TPP
Trans-Pacific Partnership (Trans-Pacific Partnership Agreement between the Government of Australia and the Governments of: Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States of America and Vietnam)
TPP-11
Trans-Pacific Partnership (Comprehensive and Progressive Agreement for Trans-Pacific Partnership)
UNCITRAL
United Nations Commission on International Trade Law
US
United States
WFA
Winemakers’ Federation of Australia
WTO
World Trade Organization

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About this inquiry

This inquiry will examine aspects of the Free Trade Agreement between Australia and the Republic of Peru (Peru FTA) (Canberra, 12 February 2018). Noting its August 2018 report, the Committee will again consider:

• ongoing concerns over the increasing complexity created by the number of trade agreements, particularly multiple agreements with the same partner; and

• the specific inclusion and operation of the ISDS provisions in recently concluded trade agreements.






Past Public Hearings

08 Nov 2018: MELBOURNE