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Related: About this forumThe Fast Track Trade Fight Is On: Here's How We Kill the TPP
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The Fast Track Trade Fight Is On: Here's How We Kill the TPP
Fri, 11/1/2013 - by Dave Johnson
Youve probably been hearing warnings about the Trans-Pacific Partnership (TPP) trade agreement that is being negotiated. And you might have heard that the big corporations are going to push to use something called fast track trade promotion authority (TPA) to push it through.
~snip~
The next trade treaty will be the Trans-Pacific Partnership (TPP). This is a huge treaty with only a small part covering trade. Most of the agreement (according to leaks) sets down a new kind of regulatory structure for the giant corporations that would supersede the ability of any country to rein them in. The treaty is being negotiated in secret with only business interests at the table. Representatives of others with a stake in the outcome are not part of the process. Groups representing the interests of consumers, labor, human rights, the environment, democracy or even smaller and innovative companies that might want to compete with the giant multinationals are not part of the negotiations.
Economist Dean Baker explains that TPP is not about free trade and growth, writing:
"Of course the TPP is not about free trade, in most cases the formal trade barriers between the countries negotiating the pact are relatively low. The main thrust of the negotiations is to impose a regulator structure in a wide range of areas health, safety, environmental which will override national and sub-national rules. This has little to do with trade and in some cases, such as the increased patent protection for prescription drugs being pushed as part of the deal (which is noted in the article), will actually involve increased barriers to trade."
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The Fast Track Trade Fight Is On: Here's How We Kill the TPP (Original Post)
unhappycamper
Nov 2013
OP
FogerRox
(13,211 posts)1. Dean Baker, not as heralded as Krugman, nails this one down.
KnR
bananas
(27,509 posts)2. Bookmarking to read later. nt