The Trans Pacific Partnership (TPP) has the potential to become the biggest regional Free Trade Agreement in history, both in economic size and the ability to quietly add more countries in addition to those originally included. As of 2011 its 11 countries accounted for 30 percent of the world’s agricultural exports. Those countries are the US, Australia, Brunei, Chile, Canada, Malaysia, Mexico, New Zealand, Peru, Singapore and Viet Nam. Recently, Japan has joined the negotiations. Six hundred US corporate advisors have had input into the TPP. The chief agricultural negotiator for the US is the former Monsanto lobbyist, Islam Siddique. If ratified the TPP would impose punishing regulations that give multinational corporations unprecedented right to demand taxpayer compensation for policies that corporations deem a barrier to their profits. There appears not to be a specific agricultural chapter in the TPP. Instead, rules affecting food systems and food safety are woven throughout the text. This agreement is attempting to establish corporations’ rights to skirt domestic courts and laws and sue governments directly with taxpayers paying compensation and fines directly from the treasury.
Posted on: Wed, 26 Jun 2013 02:27:55 +0000
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