And we drop the precautionary principle on issues where we have traditionally said things are not permitted until they can be shown to be beneficial. The CPTPP way is for anything to be permitted until it is shown to cause harm.
That is good. We return to the standard English way, everything that is not illegal is legal. Common Law, not Roman.
This, of course, is ‘Tater getting it wrong:
Perhaps worst of all, we submit ourselves to secret courts that let companies sue our government for having such things as environmental protections and labour standards that those companies can claim cause them a loss of profits, meaning they can demand compensation. And all that will happen in courts that we cannot challenge, which was the great Brexit paranoia.
No. What arbitration does is allow someone to sue a government for breach of contract in a court that is not controlled by the government being sued. And that’s all it does.
It doesn’t say the company will win, nor the government. It just provides a neutral forum for the case to be heard – that’s all ISDS is.
Why would the ‘Tater be against the law?