*The deal, called the Trans-Pacific Partnership (TPP), is a pact that the United States is negotiating with 8 other countries including Australia, Malaysia and Vietnam. Labelled as a “free trade” agreement, much of it is written to protect investors from government regulation, even if that regulation is passed in the public interest. You can read more about it here: https://en.avaaz.org/760/tpp-secret-talks-free-trade-agreement
Right now, behind closed doors, bureaucrats backed by corporate interests are putting together a new free trade agreement that would slap regulations on everything from our internet to land usage to health and environmental regulations.
The specifics of the deal, called the Trans-Pacific Partnership (TPP), are largely unknown thanks to the veil of secrecy surrounding the negotiations. But details on what is being called the biggest free trade pact since the 1994 North American Free Trade Agreement (Nafta) are leaking ”“ and a people-powered movement is stepping up to challenge it.
The original ”˜free”™ trade agreement
TPP has been labeled “Nafta on steroids”. The original Nafta agreement, which took effect in 1994, established the world”™s largest free trade zone between Canada, Mexico and the US. Billed as a way to eliminate barriers to trade and investment and promote economic growth, Nafta gave corporations powers comparable to those of sovereign nations for the first time ”“ allowing companies to sue governments to protect their own interests.
Critics argued that Nafta would destroy jobs and farming practices, damage the environment and lower the real value of wages. Citizens across all three countries stepped up to challenge it with massive protests. Public outcry stretched from Seattle to Mexico City, where hundreds of thousands of farmers stopped traffic with their tractors to protest cheap corn imports streaming into Mexico.
Although this outcry ultimately did not stop the treaty, many of those fears turned out to be correct ”“ and decades later citizens are not fooled. Today, over half of Americans believe that Nafta”™s economic costs have outweighed its benefits.
The deal behind the curtain
Nevertheless, governments and corporations are still trying to push the free trade march forward. Talks on the TPP ”“ Nafta”™s twin treaty ”“ started in 2008 and are now in their 14th round of negotiations.
America, focused on doubling its exports by 2014, is leading the charge, and representatives from Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam are all taking part. Next month, Mexico and Canada are expected to join and many expect Japan will follow close behind.
Once an agreement is reached, TPP would remain open for any country to join ”“ making its reach virtually limitless.
The problem is this: very little is actually known about the top-secret negotiations. Most of the information available comes from leaks that have escaped the tightly locked doors of the discussions.
Read the full article here: https://en.avaaz.org/760/tpp-secret-talks-free-trade-agreement
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