The nations involved are the United States, Australia, New Zealand, Singapore, Malaysia, Vietnam, Brunei, Chile, and Peru. Japan, Mexico and Canada have indicated a desire to join. The economic power of this group is more than 40% larger than the 27-nation European Union.
The asserted purpose of TPP is to promote development and create jobs. However, the truth is they are secretly negotiating the economic structural adjustments necessary to appease the world’s largest multinational banks and multi-unit corporations. Corporations behind the TPP include Bank of America, Goldman Sachs, Halliburton, GE, Koch Industries, Citigroup, Pfizer, Cargill, ExxonMobil, Chevron, Monsanto, Verizon, Wal-Mart, and many others. Make no mistake, these talks have nothing to do with free trade between equal nations. They are negotiations being conducted on behalf of these corporations and banks.
The details of the negotiations are being held in secret. However, 600 corporate lobbyists have been given special status to review negotiating documents and advise negotiators; while most of congress and the general public have been barred from reviewing what U.S. negotiators have proposed in our names.
Why so secret? Here are a few reasons why:
- TPP will offshore millions of good-paying jobs to low-wage nations, undercutting working conditions globally and increasing unemployment.
- TPP will expand pharmaceutical monopoly protections and institute longer patents that will decrease access to affordable medications.
- TPP will limit food GMO labeling and allow the import of goods that do not meet US safe standards.
- TPP will institute SOPA, PIPA, and CISPA-like regulations and Internet measures which restrict our right to free speech.
- TPP will roll back Wall Street regulations, and prohibit bans on risky financial services.
- TPP will give multinational corporations and private investors the right to sue nations in private tribunals. These tribunals have the power to overturn environmental, labor, or any other laws that limit profit, awarding taxpayer funded damages.
- TPP will encourage the privatization of lands and natural resources in areas where indigenous people live.
THE TPP IS BAD…BAD…BAD…BAD!
EDUCATE YOURSELF & GET INVOLVED!
Resources – Please visit them for more information:
[ Stop TPP | www.StopTPP.org ]
[ Public Citizen | www.citizen.org ]