Facts about the Trans-Pacific Partnership—and how it will impact your day-to-day life
The Trans-Pacific Partnership (TPP) is a supposed “free trade” agreement that is currently being negotiated behind closed doors by officials from the United States and 11 other countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The Trans-Pacific Partnership (TPP) has been under negotiation for 5 years.
Even though the agreement is classified as “free trade,” it only has 5 chapters that specifically deal with traditional trade issues. The remaining 24 chapters would set rules on non-trade matters that affect our daily lives, such as: food safety, internet freedom, medicine costs, job off-shoring, financial regulation, and more. Our domestic policies would be required to comply with TPP rules.
The public, Congress & the press cannot see the draft TPP text, although more than 600 official corporate “trade advisors” have access. The Obama administration plans to sign TPP sometime in 2014.
Fast Track is the mechanism that will allow the Obama administration to circumvent constitutional checks and balances to ram the TPP through Congress—just like his predecessors did with NAFTA and the WTO.
Read more: www.thrive-living.net/2014/07/-facts-about-trans-pacific-partnership-impact-day-to-day-life.html
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