• Four formal rounds of Trans-Pacific Partnership Agreement (TPPA)
negotiations took place in 2010. They involved over 200 officials from
Australia, the United States, New Zealand, Chile, Singapore, Brunei,
Peru, Vietnam and Malaysia.
• Future negotiations officially are set to include three issues with
public health and medicines policy implications for Australia and our
region:
- ways to approach regulatory coherence and transparency;
- how to benefit multinational and small–medium enterprises; and
- multilateral investor–state dispute settlement.
• US-based multinational pharmaceutical companies are lobbying for TPPA
provisions like those in the Australia–US Free Trade Agreement, which
reduce government costeffectiveness regulatory control of
pharmaceuticals, threatening equitable access to medicines.
• They also advocate increased TPPA intellectual monopoly privilege
protection, which will further limit the development of Australian
generic medicine enterprises and restrict patient access to cheap,
bioequivalent prescription drugs.
• Of particular concern is that proposed TPPA multilateral
investor–state dispute settlement procedures would allow US corporations
(as well as those of other TPPA nations) to obtain damages against
Australian governments through international arbitral proceedings if
their investments are impeded by Australian public health and
environment protection legislation. Download full document