UPDATE: In November of 2016, after mass opposition in the U.S. and around the world, the TPP was tabled indefinitely by U.S. Congress.
This historic moment marks the discrediting of “free-trade” policies and opens the door for new ways of managing globalization. It is up to fair trade advocates here and everywhere to demand that a new approach to trade prioritize workers, human rights, food security, public health, local decisionmaking, and environmental sustainability.
What is the TransPacific Partnership (TPP)?
A super-sized version of NAFTA.
Countries involved: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, Vietnam
Any Pacific Rim country can join including Philippines, South Korea, & Thailand
On the Table:
- Expansion of Corporate Rights & reduction in Corporate Responsibility
- Loss of democratic representation in public policy making
- Loss of living wage jobs & increase of worker exploitation
- Increase in unsafe food and other consumer products
- Global increase drug prices-threatening public health
- Bans on procurement policies which invest in local, union & green jobs
- Further de-regulation of Wall Street
- Empowerment of corporations to attack environment and health laws & regulations
- Restrictions on the internet as a public domain
Who’s at the Table?
- Cargill, Monsanto, Dow Chemical, Phillip Morris, PhRMA, Microsoft, Chevron, Wal-Mart, US Chamber of Commerce, over 600 corporate advisors
- US Trade Representatives such as Islam Siddiqui (Chief Agricultural Negotiator for USTR) and “former” Monsanto lobbyist
Timeline: President Obama had called for negotiations to conclude in 2013, however it wasn’t until November 2015 that negotiations were finished and the massive deal was finally made public. The agreement was ceremonially signed in February 2016, but mass opposition in the United States during the ratification process led to the TPP being tabled in November 2016, possibly forever.
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