Trans Pacific Partnership. What's the deal being negotiated in our name?

PBAC

When The Lancet and the Australian Medical Journal editorialise against Australia's next free trade agreement it's a fair bet they are concerned about more than just trade.

The Trans Pacific Partnership is the biggest free trade agreement hardly anyone's ever heard of. Bubbling along below the radar for half a decade, it's about to become solid. It is set to deliver much more money and power to US pharmaceutical companies, to criminalise the use of technology in ways that presently don't attract jail time and to set up outside tribunals to reconsider decisions already made by Australian courts.

Taking part is almost 40 per cent of the world's economy - the industrialised nations of Australia, Canada, Singapore, Brunei, New Zealand, Chile, Mexico, the United States and Japan and the less developed nations of Malaysia, Peru, and Vietnam. If China joins later (as expected) it'll be nearly 50 per cent.

It has reached the point where Australia's trade minister Andrew Robb is prepared to put a date on it. "I think it could be ready next month," he says, before adding that there have been slippages before. It was meant to be signed in 2011.

For more details, go to: http://www.smh.com.au/federal-politics/political-news/trans-pacific-partnership-whats-the-deal-being-negotiated-in-our-name-20150220-13jci9.html

Michael Wonder

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Michael Wonder

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