Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

The full text of the TPP-11 agreement will be available on the day of signing, 8 March, and will contain detail relevant to the senator's question. As I said in my previous answer, the coalition ensured the ISDS provisions it has negotiated include modern safeguards that appropriately balance the rights of investors with the rights of governments to regulate in the national interest. I also refer Senator Patrick to the comments of the Winemakers Federation of Australia, which stated:

… overwhelmingly the agreement is a significant development for Australian wine exporters who will see trade tariffs drawn down or, in the case of Canada, removed immediately upon the agreement's ratification.

It is manifestly in Australia's national interest for Australia to be involved in this agreement, and the parliament will have proper opportunity to review the agreement before being asked to vote on it—in particular, of course, as Senator Macdonald kindly reminded me, through the Joint Standing Committee on Treaties.