Secretive Corporate Deal in the Works Could Establish Special Close...

Rights? Not any more! You won't know what hit you when the secretly negotiated Trans-Pacific Partnership (TPP) trade agreement is passed.

Last week the proposed Trans-Pacific Partnership (TPP) trade agreement leapt from behind the closed doors of negotiations to the front pages of major newspapers, thanks to  information from Wikileaks revealing previously unpublished details of the proposed intellectual property chapter of the deal.

If you hadn't yet heard about the TPP, there is a reason for that. Not even members of the US Congress have been allowed to see the negotiating text. Thanks to a set of leaks however, we´re beginning to get glimpses of exactly how dangerous the agreement is.

The proposed investment chapter of the deal revealed plans to expand the system of international investment tribunals that deal with what is called ‘investor-state dispute settlement’. These are closed-door courts that take direct aim at the ability of governments across the world to enact environmental, public health and other protections for their citizens.

We don’t need much help to imagine what a world under these provisions of the TPP would look like. We need look no further than some of the current investor-state dispute cases in which powerful international corporations are demanding millions – sometimes billions – of dollars in claims, against countries both poor and wealthy, for the sin of protecting their citizens. [emphasis mine]


Tags: corporate takeover, secret courts, secret negotiations, so-called trade agreements

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... closed-door courts that take direct aim at the ability of governments across the world to enact environmental, public health and other protections for their citizens.

Doubtlessly aimed squarely at any sane responses to global climate destabilization that might threaten the year's profits.

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