6 posts • Page 1 of 1
Trans Pacific Partnership .. TPP
A trade agreement between several Pacific rim countries.
Their objectives are ..
Lower trade tariffs
Establish Intellectual property rights
and act as an Arbitrator between disputing trade parties
And like all good intentions ... goes wrong and gets abused
No, sorry, not following.
well, most of it is secret... but there have been leaks. It appears to be a corporatist scheme .... but who can say for sure?
here's one of many from truthdig.com
http://www.truthdig.com/eartotheground/ ... p_20150514
Not last night,
not this morning;
Melon flowers bloomed.
The trans-Pacific Partnership (TPP) is only one of a number of bilateral trade agreements the US is currently negotiating with its allies. The other major agreement being negotiated is the Transatlantic Trade and Investment Partnership (TTIP). This agreement is between the US and the European Union (EU). The tatemae is that economic growth will be generated and jobs will be created by lowering tariffs and harmonizing technical, health, environmental, legal and other standards. The honne is that the US is trying to reinforce its global hegemony and isolate China by replacing multilateral trade under the WTO (World Trade Organisation) by a series of bilateral trade agreements. The other aim is to break resistance from developing and emerging economies to Western demands for more globalization. Emerging and developing nations have a strong representation in the WTO.
In Europe, opposition to the TTIP centers around the fear that the US is trying to use the agreement for undermining European food safety and environmental standards (nobably in the field of GMOs, Endocrine Disrupting Chemicals EDCs, and hormone-laden meat). There is also considerable fear that private arbitration courts demanded by the US will undermine national sovereignty and allow private corporations even more leeway in suing national governments.
The secrecy surrounding these trade talks undermines democratic processes. Even members of parliament don't have access to the details of the trade agreements being negotiated.
I'm in favor of global trade, but in view of the above, I oppose these agreements.
Talks have stalled. The limited feedback available indicates that the stumbling blocks relate to patents on medicines, some squabble between the US and Japan over car manufacture, and the one that the US, Japan and Canada don’t want to talk about: access for dairy products. Why did they even bother to attend if they are not prepared to give the same access to markets for others that they insist for themselves?
I agree that the US is more concerned with geopolitical influence in the region than economic benefits. Australia, New Zealand, and some SE Asia countries, have signed bilateral trade agreements with China recently. I am sure that NZ and Australia won’t sign unless there is a major concession on food trade - particularly dairy products. Pigs may fly.
Last edited by Michaeljc on Sun Aug 02, 2015 9:45 pm, edited 2 times in total.
Just a note that the TPP is hardly secret. It is just not done yet and is still being negotiated.It will be the subject of an open debate in the U.S. Senate, at least. Senators also receive regular briefings on the on-going negotiation process. If the negotiation succeeds, of course the trade treaty would have to be open to have any effect.
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