From: "Vikki John" <VIKKI-AT-lexsun.law.uts.edu.au> Date: Thu, 5 Feb 1998 10:00:37 GMT-1000 Subject: M-NEWS: (Fwd) (Fwd) Stop MAI - meeting dates, petition and minutes ------- Forwarded Message Follows ------- Press Release STOP MAI PUBLIC MEETING Stopping the MAI - the international campaign, the public and parliamentary campaign in Australia Thursday 5 February, 6.30 pm Jane Kelsey Pat Ranald Chair: John Freeland Room 1/406 (Street level) Broadway Tower Building, University of Technology Sydney Sponsored by the Evatt Foundation, Entry by Donation Jane Kelsey ia a Professor of Law at the University of Auckland, New Zealand. She is New Zealand's major academic critic of the Multilateral Agreement on Investment (MAI). She is the author of Economic Fundamentalism, a damning critique of New Zealand's experiment with economic irrationalism. Pat Ranald is a researcher at the Public Sector Research Centre, University of New South Wales, and writes on the issue of labour standards and international agreements. John Freeland is Director of the Evatt Foundation. The Multilateral Agreement on Investment (MAI) will give free rein to global corporations. Stop MAI is an Australia-wide campaign demanding an international treaty to reduce corporate power - not increase it. We want a Treaty that imposes obligations on corporations, for instance to protect the environment, respect indigenous rights and uphold labour standards. We reject the MAI as it ignores these obligations, and simply gives transnational corporations more power over our lives. For further information contact James Goodman or Judy Henstock, UTS, Tel: 9514 2714 Fax: 9514 2332, Stop MAI (NSW) PO Box 937, Glebe, NSW 2037 STOP MAI The Australian government, and 28 other governments of the world's richest industrialised countries, members of the Organisation for Economic Cooperation and Development (OECD) are currently negotiating binding agreements on international investment. It is known as the Multinational Agreement on Investment (MAI), and negotiations have been underway since 1995. The MAI recognises investors' rights - predominantly those of transnational corporations - without corresponding obligations. It restricts a government's ability to protect and promote the rights of individuals. Features of the MAI which have created most concern include: _ a restriction on government decisions which impose costs on investors eg environmental regulation, indigenous peoples' land rights; _ governments could not require multinational corporations to employ or train local people, buy local products, or transfer technology; and _ the creation of an international tribunal without access for citizens, non-government organisations (NGOs), indigenous people or local governments. It will force governments to repeal many regulations, and will deter the adoption of new legislation. MAI justice will be corporate justice. The OECD already has guidelines on conduct for multinational companies, environmental regulation and labour standards. These have not been included as binding clauses in the MAI. They are being flouted in the drafting of the MAI. There been little consultation with NGOs, labour organisations and the environmental movement by the OECD and the Australian government has only consulted industry groups in Australia. Federal Treasury provides Australia's negotiators. The Australian government has not produced one substantial, public document on the MAI despite the Prime Minister's promises to make Australia's treaty-making process more transparent and participatory prior to the 1996 election. The world's NGOs have exercised unprecedented unity and solidarity in their attempts to have better protection for citizens, workers and the environment included in this new piece of international regulation. The world's NGOs welcome the OECD's recognition of the need for international regulation of international investment. But we need a Treaty that imposes obligations on corporations - not one that gives them more freedoms . We need to start again. Stop MAI (NSW) PO Box 937, Glebe, NSW 2037 James Goodman Faculty of Humanities and Social Sciences University of Technology Sydney (UTS) PO Box 123, Broadway, Sydney 2007 Australia Tel: 9514 2714
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