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New Zealand Signs Side Pacts In New TPP To Curb Arbitration

Law360 (March 9, 2018, 8:34 PM EST) -- New Zealand has reached side deals with five countries to exclude compulsory investor-state dispute settlement in the newly signed Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a Friday statement.

New Zealand Minister for Trade and Export Growth David Parker said that these so-called "side letters" with Brunei Darussalam, Malaysia, Peru and Vietnam were released Thursday at a signing ceremony, which was held in Santiago, Chile, with the eleven remaining nations in the deal. Previously, New Zealand had also announced a similar side letter reached with...
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