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The Guardian - AU
The Guardian - AU
National
Paul Karp Chief political correspondent

Clive Palmer sues Australia for $41.3bn over alleged free trade rule breach

Clive Palmer
Clive Palmer’s Singapore-based business is already suing the Australian government for $296bn in a separate case. Photograph: Mick Tsikas/AAP

Clive Palmer’s Zeph Investment’s second case against Australia is a $41.3bn claim that it breached the Asean free trade agreement in relation to coal exploration permits, it has emerged.

The Attorney General’s Department has revealed that since the May budget, when Guardian Australia first reported on the claim, Palmer’s company has formally launched the second investor-state dispute against the commonwealth.

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