Oh what people will do for a quid at someone elses expense!
David


Author Ranald and Cooke opposed the 20-year MAI 'handcuffs' on safety
and environment

Patricia Ranald of Sydney visited Perth for a few days and was a forum's 
keynote speaker on Saturday June 26 1999, on the resurgence of the
Multilateral Agreement on Investment (MAI) through the World Trade
Organisation (WTO).

NEWS RELEASE: Issued by Stop-MAI (WA) on June 28 1999:
Perth citizens demand fuller public participation and new
approach to DFAT multilateral treaty process

The Federal Government's proposal to support a new round of global
investment negotiations at the World Trade Organisation (WTO) was
intensively discussed at a daylong public meeting held at Sir Charles
Gairdner Hospital, Perth, at the weekend (June 26).

Debate was led by Patricia Ranald (Public Sector Research Centre,
University of New South Wales) and the WA Trades and Labor Council
secretary, Tony Cooke.

The speakers reviewed the purpose of the failed Multilateral Agreement 
on Investment (MAI) which sought to dilute governmental power to
regulate foreign investment and capital flows.

The MAI was scrapped last year in a fury of worldwide public protest,
but Deputy Prime Minister Tim Fischer has recently instructed the
Department of Foreign Affairs and Trade (DFAT) to pursue similar new
negotiations through the WTO November ministerial meeting in Seattle.

After six hours of consideration, the packed meeting called on the
Australian Government to shun MAI-type negotiations but rather "to
support the development of an alternative and binding agreement on
investments which democratically regulates international investments and 
promotes ecologically and socially sustainable global development".

Noting that DFAT had declined to participate in the public meeting, the 
resolution also called for full, open public participation in this
process.

Patricia Ranald informed the meeting that the United Nations Commission 
on Human Rights (UNCHR) had already endorsed an alternative proposal
with the object of enforcing prescribed responsibilities and placing the 
profit motive into a proper context of worldwide human needs.

The publication of a range of new Australian books on the subject was
announced, and the audience resolved to support an informative regular 
newsletter to be commenced in July.

ends

Contacts:
Brian Jenkins 08 9246 3882, [EMAIL PROTECTED]
Dion Giles 08 9335 7646, [EMAIL PROTECTED] 
Stop-MAI WA Coalition:
42 Central Avenue, Beaconsfield, WA, 6062

---------- John Massam, 46 Cobine Way, Greenwood
(a suburb of Perth), WA, 6024, Australia; 
http://www.multiline.com.au/~johnm/
Also see: http://www.multiline.com.au/~georgist/
"LIBERTY FROM ECONOMIC THRALDOM" -----------

Freedom: the only end.
<http:///>www2.tpg.com.au/users/davidsb

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