Is Australia surrendering its sovereignty by signing the TPP?

The Electrical Trades Union (ETU) has claimed that Australia has signed away sovereignty and surrendered the citizens’ democratic rights to multi-national corporate interest because it has ratified the Trans-Pacific Partnership (TPP).

The ETU stated that the multi-lateral trade deal will “give a pseudo courts system sway over the laws enacted by our parliaments if foreign companies feel the laws could affect potential profit earnings.”

It also alleges that the TPP will open up Australian jobs to be flooded with foreign workers without first checking if locals are ready and able to do the work first. It further stated that Australia will do this all for a very slight benefit to our economy: only US $12 billion a year by 2030, according to a report from the business lobby.

Electrical Trades Union National Secretary Allen Hicks said ratifying the TPP is a tragedy for Australian democracy and the nation’s workers.

“By ratifying the TPP, the Morrison Government has given more power to foreign companies to sue the Australian taxpayers over laws they, the voters, want passed,” Hicks said. “The TPP will remove labour-market testing, giving companies greater sway in using foreign workers fill jobs without first having to see if there are Australian workers ready to do the work. This will also weaken Australia’s high industry protections and standards, putting the safety of workers and the public at risk.”

Hicks said that the ETU and its members will continue to fight the TPP because it was not in the interests of the union, workers or the Australian people and written solely for the benefit of the people who wrote it – corporations and their shareholders.

“The TPP was written in secret, by bureaucrats under the influence of corporate interests, and it will have very little benefit for the Australian people who have had no say in it whatsoever,” he said. “The ETU will continue its fight against the this anti-worker, anti-democratic corporate trade pact because we believe Australians’ democratic rights should never been surrendered to foreign corporations. But that’s exactly what the TPP does.”

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