Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

US seeks more in TPP on medicine monopolies at APEC meeting

May 17, 2016

US seeks more in TPP on medicine monopolies at APEC meeting


“The US government is making a desperate attempt to placate domestic US corporate and Republican opposition to the TPP implementing legislation by demanding stronger monopolies for pharmaceutical companies and other concessions at a meeting of TPP ministers to be held this week on the sidelines of the APEC Trade Ministers meeting in Peru,” Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network said today.

The US is seeking side letters which would give even stronger monopolies on biologic medicines and remove national privacy protections on data held by global corporations. The tobacco industry is also claiming that the TPP is discriminatory because it prevents them from suing governments over tobacco regulation, while allowing other global corporations to sue over other public interest legislation.”

Although the TPP text was released and formally signed early this year, it requires the US, Japan and at least four other TPP governments to pass implementing legislation before the deal can come into force. An Australian Parliamentary Inquiry is currently in progress. None of the 12 Pacific Rim governments has yet passed the implementing legislation, and the US seems least likely to do so, which calls the whole agreement into question.

Dr Ranald said that all presidential candidates from Democrat and Republican parties oppose the TPP and there is strong bipartisan oppositionin Congress. This means the US legislation will not even be considered until after the November election. The US administration is becoming increasingly desperate to stitch up a deal.

Democrats and some Republicans oppose the increased corporate monopolies in the TPP, but oppositional numbers have been swelled by right-wing Republicans who want even more rights for pharmaceutical and other corporations, and have demanded such changes in return for supporting the legislation.

“It is outrageous that the US government is demanding even stronger monopoly rights for pharmaceutical and tobacco companies, when national parliaments are examining what they thought was the final text of the TPP,” said Dr Ranald . “This desperate attempt exposes the fact that the TPP is not really about trade, but about restricting future governments from regulating in the public interest. It provides very little market accessfor trade in goods, but increases the power of global corporations at the expense of citizens. This is why the overwhelming majority of over 11,000 submissions and messages to the Australian Parliamentary inquiry have urged rejection of the TPP.”


ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Politics Of Why We’re Not Getting An Inquiry Into The White Island Disaster

The Ardern government has made an art form out of reviews and inquiries- when to hold them, when to fold them, and when to shelve the findings, virtually untouched. Among other things, the WorkSafe criminal proceedings into the Whakaari /White Island disaster look like the outcome of a conscious political strategy. The government is choosing this route instead holding a proper inquiry, because it can conveniently narrow the focus only to (a) the events prior to the eruption and (b) solely to possible violations of our labour laws... More>>

 

UN SDG: A Greener, Cleaner, Brighter Future

'The world has a high fever and is burning up. Climate disruption is daily news – from devastating wildfires to record floods. The damage to people and the environment is immense and growing.' - UN Secretary-General António Guterres ... More>>

ALSO:

Carbon Neutral Policy: Gov Declares Climate Emergency

The Government has launched a major new initiative to combat climate change that will require the public sector to achieve carbon neutrality by 2025. More>>

ALSO:

Pill Testing: Govt Moves On Drug Checking To Keep Young New Zealanders Safer This Summer

The Government will pass time limited legislation to give legal certainty to drug checking services, so they can carry out their work to keep New Zealanders safer this summer at festivals without fear of prosecution, Health Minister Andrew Little ... More>>

ALSO:

Tax: Government Fulfils Election Undertaking On New Top Tax Rate

The Government will today keep its election promise to put in place a new top tax rate of 39 per cent on income earned over $180,000. More>>

ALSO:

Media: Stuff Holds Itself Accountable For Wrongs To Māori

Stuff has today published the results of an investigation into itself, and issued a public apology, for the way the media organisation has portrayed Māori, the indigenous people of Aotearoa New Zealand, from its first editions to now. Tā Mātou Pono | More>>

ALSO:

Economy: Crown Accounts Reflect Govt’s Careful Economic Management

The better-than-expected Crown accounts released today show the Government’s careful management of the COVID-19 health crisis was the right approach to support the economy. As expected, the Crown accounts for the year to June 2020 show the operating balance ... More>>

ALSO:


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels