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Monday, March 5, 2012

"Vacuuming Up the Pacific's Resources"

"The 11th round of the Trans-Pacific Partnership (TPP) negotiations is currently taking place in Melbourne, Australia.


The TPPA is what Obama describes as a “landmark, 21st Century Trade Agreement” that improves on and rectifies past problems in U.S. trade and investment treaties. Nine countries are currently negotiating the TPPA: the United States, Australia, New Zealand, Chile, Peru, Brunei, Vietnam, Malaysia, and Singapore. Japan is in preliminary talks, and Canada and Mexico are looking to join. Although the negotiations are being held in secret, leaked documents confirm that the TPPA is a “NAFTA on steroids.” Contrary to democratic practice, the documents connected to the negotiations will remain secret for four years after being signed or dismissed."


from fpif....

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