Sunday, 11 October 2015, 5:02am

Binoy Kampmark:
Imperilled By
Unfree Trade

The TPP is a monster in design on several levels. While it has been reported that China “cautiously” welcomes the agreement, there is little doubt that it has been shaped as a form of financial weaponry against the giants of the Asia-Pacific. Towards Russia, there is the Trans Atlantic Investment Agreement, framed to incorporate the European Union. Then comes the enveloping Trade Services Agreement.

The chatter in advance of the agreement has been filled with astrological predictions about wealth creation. Crystal ball gazers have decided to abandon any recourse to evidence... This is where a juicy, refuting case study is in order, a cold water dose of evidentiary proof. Australia’s gains from its own free trade agreement with the United States have shown up as mind numbing losses. More>>


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