Extract from “Dr M: Lawsuit cost to quit TPP could ‘bankrupt’ Malaysia”

“In the TPPA agreement companies can sue Government for loss of profit including future profit if Government action results in the loss,” he added, referring to the controversial investor-state dispute settlement (ISDS) provision.

“The withdrawal will involve numerous companies and the purported loss will run into hundreds of billions. The court will not be ours where we can count on sympathy and concern for what will happen to our economy and finances. There is also no way we can pressure or bribe the courts. We will just have to pay the billions.”

Loading data

Welcome to TPP Debate!
What's your stance?

TPPDebate.org is a crowd-sourced platform to debate the Trans-Pacific Partnership Agreement (TPP). What does everyone think about the TPP? What is your stance?