World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Rebranded TPP 11 deal: a mess of side deals with no detail

January 24, 2018

Rebranded TPP 11 deal: a mess of side deals with no detail, but ISDS and temporary migrant workers remain

“The rebranded TPP 11 outcome announced today appears to be a mess of separate deals cobbled together to meet issues raised by Canada and others, which Trade Minister Steve Ciobo has described as “18 free trade agreements” for Australia.

“As usual, the government has released only positive information about possible market access gains from the deal, but the full text of the changes is not available for public scrutiny. The full text will only be released in March at the time of the signing of the deal,” Dr Patricia Ranald, AFTINET Convener said today.

Senior trade officials announced last night that the 11 countries in the rebranded progressive comprehensive TPP had reached agreement on the text to be signed onMarch 8 in Chile. This follows further negotiations on issues raised by Canada, Vietnam, Malaysia and Brunei.

“It appears that there will be 11 new side letters between Canada and the other 10 countries on cultural issues, and new side letters on automobile industry car access between Canada and Japan Malaysia and Australia. There will also be new side letters between Vietnam and 10 other countries which appear to weaken obligations on labour rights issues,” said Dr Ranald.

“These changes are in addition to the 20 clauses which have been temporarily suspended pending the United States rejoining the deal. Other governments had only reluctantly agreed to US proposals on stronger monopolies on biologic medicines and stronger copyright monopolies to gain access to the US market.”

“The deal still contains special rights for foreign investors to bypass national courts and sue governments for millions of dollars in unfair international tribunals over changes to domestic laws, known as ISDS. It would also restrict future governments from re-regulating essential services like energy or financial services, despite demonstrated market failures, and it would result in more vulnerable temporary migrant workers, without testing if local workers are available,” said Dr Ranald.

“This is another example of the flawed process in which deals is negotiated in secret and we don’t see the result until after they are signed. We call for the immediate release of the full text of the changed deal before it is signed and for independent studies of its economic, health and social and environmental impacts,” said Dr Ranald.


ends

© Scoop Media

 
 
 
World Headlines

 

Gordon Campbell: On The Chemical Weapons Attack (and Response) In Syria

The past week’s headlines about the chemical attacks in Syria – and the military response by the US, France and Britain – have tended to overshadow a few of the downstream outcomes. More>>

ALSO:

Pacific Moves: China, Vanuatu And Australia

Washington’s vigilant deputy, doing rounds on the beat in the Pacific, has been irate of late. The central issue here is the continuing poking around of China in an area that would have been colloquially termed in the past “Australia’s neighbourhood”. More>>

ALSO:

Diplomatic Madness: The Expulsion of Russian Diplomats

How gloriously brave it seemed, some 23 nations coming together like a zombie collective to initiate a fairly ineffectual action in of itself: the expulsion of Russian diplomats or, as they preferred to term it, intelligence operatives. More>>

ALSO:


Campbell On: the US demonising of Iran

Satan may not exist, but the Evil One has always been a handy tool for priests and politicians alike. Currently, Iran is the latest bogey conjured up by Washington to (a) justify its foreign policy interventions and (b) distract attention from its foreign policy failures. More

ALSO:

Cyclone Gita: 70% Of Tonga Population Affected

The full scale of destruction is beginning to emerge from Tonga in the aftermath of the severe tropical cyclone Gita. Around 50,000 people, or almost 70% of the country’s population, have been affected, a third of whom are children. More>>

ALSO:

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC