|Posted by Southern Collective Music on February 22, 2016 at 7:00 PM|
Southern Collective Music, as a New Zealand independent music label, loses out alongside every other New Zealand music business, due to the GATS agreement preventing our Government from implementing policy guaranteeing higher local content on radio and TV. The threat of ISDS forced the prevailing governemt of the time to back down from implementing such changes.
This is not the fault of the people in authority in New Zealand TV and radio. This is not the fault of whichever government inherits the reins of power.
This is the fault of the people who signed the GATS agreement, and the people who threaten lawsuits in the event a local industry like the NZ music industry ever tries to increase local business advantages in the local market.
We at Southern Collective Music feel this is an absolute example of overseas interests being forcibly prioritised over local interests, forcing a sovereign government to put those overseas interests first or face lawsuits and reparations for lost royalties. This, we feel, shows how sovereignty is compromised by allowing ISDS to exist in a trade deal.
Due to this, amongst many other valid reasons, we are opposed to the Trans Pacific Partnership.