Showing posts with label trade agreements. Show all posts
Showing posts with label trade agreements. Show all posts

TPP: The dirtiest trade deal you've never heard of


Tobacco giant Philip Morris is suing Australia for billions of dollars in lost profits because the government took action to reduce teenage smoking. Pharmaceutical giant Eli Lilly is suing Canada for $500 million, just because Canada has laws to keep essential drugs affordable.
Worst of all, these cases are happening in secret international courts to which only corporations have access.
Now, details are leaking of two global trade pacts (called the TPP and TTIP) that would massively expand the power of corporations to sue our governments. Countries from the US to Australia and from the EU to Canada are negotiating right now -- and some could be just days from signing up.

Trans-Pacific Partnership: "We Will Not Obey"; Building a Global Resistance Movement

(Truthout) We are in a time of transformational change. The opportunity is here to reverse the destruction wrought by rigged corporate trade agreements and to demand trade that is fair and promotes sustainable practices. There is no reason trade cannot improve the lives of workers and people around the world, as well as protect the planet from the rapacious destruction of corporate greed. We need to insist that people and the planet come before profits.

It is up to us to make this transformation a reality. To do so we must build a broad-based, movement of movements that sends a clear message to Washington, DC: "If you pass the Trans-Pacific Partnership, we will not obey."

The Obama administration has made it a priority to have the Trans-Pacific Partnership (TPP) completed by the end of the year. The TPP is the largest trade agreement negotiated since the World Trade Organization (WTO). It covers 12 countries so far and includes provisions that reach beyond issues of trade. The full contents of the TPP are unknown because it has been negotiated with unprecedented secrecy; however, it is clear from what has been revealed that the TPP gives transnational corporations the power to alter our laws down to the local level to enhance and protect their profits.