The United States has been engaged in discussion with eight Pacific nations to come to agreement on the terms of the proposed Trans-Pacific Partnership, a free trade contract that would allow for a more open system of exchange between the US and less developed nations.
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According to the leaked excerpt, the Obama administration has been considering TPP provisions that would allow foreign corporations operating within the United States to appeal regulations on the environment and banking that would be forced on American-owned businesses with no chance of reprieve. While the United States could be sanctioned for failing to impose regulations on American-run businesses, multinational corporations are practically encouraged to do as much because the TPP outlines a clear avenue to file an appeal. If one of the eight Pacific nations chooses to do as much, their plea would be heard by an international tribunal that could overrule US law.
From: rt.com...
“The majority of Congress is being kept in the dark as to the substance of the TPP negotiations, while representatives of U.S. corporations – like Halliburton, Chevron, PHRMA, Comcast, and the Motion Picture Association of America – are being consulted and made privy to details of the agreement."
Huffington post
"We will not negotiate bilateral trade agreements that stop the government from protecting the environment, food safety, or the health of its citizens; give greater rights to foreign investors than to U.S. investors; require the privatization of our vital public services; or prevent developing country governments from adopting humanitarian licensing policies to improve access to life-saving medications," reads the campaign document.
Huffington Post
“LOST is a Loss for the United States” by Jeffrey Gayner The Halloween vote by the Senate Foreign Relations Committee in favor of the United Nations Convention on the Law of the Sea (LOST) represents an attempt to trick the American people into accepting a fatally flawed agreement. This complex international treaty, if adopted, would directly threaten American sovereign rights on the high seas and will transfer American wealth to a new rouge international organization .
The leaked text provides stark warnings about the dangers of “trade” negotiations occurring without press, public or policymaker oversight. It reveals that negotiators already have agreed to many radical terms granting expansive new rights and privileges for foreign investors and their private corporate enforcement through extra-judicial “investor-state” tribunals.
PDF Link
To the Honourable The Speaker and Members of the House of Representatives This petition of concerned citizens draws to the attention of the House: The Australian government is negotiating a Trans-Pacific Partnership free trade agreement (TPPA) with the US, New Zealand, Chile, Peru, Brunei, Singapore, Malaysia and Vietnam. But the agenda is being set by giant US corporations. They see many Australian health, social, cultural and environmental policies are barriers to trade which should be removed. They want to use the negotiations to undermine the Pharmaceutical Benefits Scheme and charge higher prices for medicines, to give special rights for corporations to sue governments, to remove labelling of genetically modified food, to undermine local jobs and fair employment conditions for government contracts, and to weaken policies for Australian content in film, television and digital media. They also oppose including enforceable labour rights and environmental protections in the agreement.
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