List of Recommendations

Recommendation 1

2.43
The Committee supports the International Bank for Reconstruction and Development (IBRD) General Capital Increase and Selective Capital Increase and the International Finance Corporation (IFC) General Capital Increase and recommends that binding treaty action be taken.

Recommendation 2

3.36
The Committee also notes the inconsistency between the levels of protection afforded under EPBC Act and the Convention on the Conservation of Migratory Species, which means Australia continues to lodge reservations in relation to Appendix II listings. The Committee recommends the Government pursue amendments to the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act), as part of its broader review, to resolve this inconsistency.

Recommendation 3

4.18
The Committee supports the Exchange of letters terminating the Agreement between the Government of Australia and the Government of the Republic of Indonesia concerning the Promotion and Protection of Investments and recommends that binding treaty action be taken.

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About this inquiry

This inquiry will examine the International Bank for Reconstruction and Development (IBRD) General Capital Increase and Selective Capital Increase (Washington DC, 1 October 2018).



Past Public Hearings

22 May 2020: CANBERRA