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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYou Knew the TPP Was Bad. Here's How It Gets Even Worse
http://www.commondreams.org/views/2015/10/01/you-knew-tpp-was-bad-heres-how-it-gets-even-worseHere is a news article that explains why people should be alarmed about this secret trade agreement that the giant corporations have come up with. Reuters reports, in U.S. business groups oppose exceptions in Pacific trade pact:
U.S. business groups have voiced their opposition to blocking specific products, like tobacco, from rules letting foreign companies sue governments over damage to investments as Pacific trade ministers gather to finalize an ambitious trade deal.
Ministers from the 12 nations negotiating the Trans-Pacific Partnership, the biggest trade deal in a generation, will meet in Atlanta later on Wednesday to try to close the pact.
The letter, sent to TPP officials late on Monday, comes amid reluctance by some countries to sign on to rules similar to those that allowed Marlboro maker Philip Morris to sue TPP partner Australia over tobacco plain-packaging laws.
Sources close to the negotiations have said one option under discussion is to exclude tobacco from the investor-state dispute settlement rules, while Australia wants a broader exemption from litigation over health and environmental issues.
Any different treatment for tobacco risks a backlash in the United States and could erode support in Congress for the TPP by upsetting lawmakers from tobacco-producing states like Kentucky.
djean111
(14,255 posts)fast Track. No vote, no support, from here on out.
To me, anyone who shilled for this, votes yes on this, or voted yes on Fast Track is not really a Democrat. I define being a Democrat by issues, deeds, policies - the "D" on the jersey no longer means anything to me. Enough is enough.
Hoyt
(54,770 posts)They are having to label their products under laws of Australia, and are making a desperate attempt in a frivolous lawsuit. In fact, I'm betting the final agreement, if finalized, will have restrictions on even filing such actions.
In any event, the fact Australia still wants in is proof enough to me they think the risk is worth it to their citizens long-term.
randome
(34,845 posts)So long as a country applies its laws equally to both foreign and domestic firms, any trade dispute opened by a company will fail.
As Hoyt points out, it hasn't worked out well for Philip Morris so far and it isn't likely to.
[hr][font color="blue"][center]Treat your body like a machine. Your mind like a castle.[/center][/font][hr]
Erich Bloodaxe BSN
(14,733 posts)Better chance to kill it finally.
Enthusiast
(50,983 posts)Aside from Bernie Sanders and Sherrod Brown none of the Democrats that send me requests for donations have said, "I oppose the trade deal."
We need to get out of the trade deals we are already a part of.
Rex
(65,616 posts)I mean who in their right mind gives away their national sovereignty to a faceless international court? It is easy to see why so many countries don't want this turd tread deal and are protesting all over the world.
Dont call me Shirley
(10,998 posts)Whitehouse Comments: 202-456-1111
United States Capitol switchboard: 202-224-3121