Trade officials from eleven Pacific Rim nations
Australia, Brunei, Canada, Chile,
Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam are in intensive, closed door negotiations to sign a Trans
Pacific Partnership (TPP) Free Trade Agreement (FTA) in 2013. Every Pacific Rim nation from China to Russia to Japan could eventually be included. There are draft texts for many of this pact’s 29 chapters, most of which have nothing to do with trade, but rather impose limits on domestic food safety, health, environmental, and other policies. The governments won’t release the texts to the public. But about 600 U.S. corporate “trade advisors” have full access. America’s worst job offshoring corporations, global banks, agribusiness, and pharmaceutical giants want this deal
to be another corporate power tool like the North American Free Trade Agreement (NAFTA). Consumer, labor, environmental, and other public interest advocates want a transparent process and a “Fair Deal or No Deal.”
A major goal of U.S. multinational corporations for the TPP is to impose on more countries a set of extreme foreign investor privileges and rights and their private enforcement through the notorious “investor state” system.
This system allows foreign corporations to challenge before international tribunals national environmental, land use, health and other laws and regulations that apply to domestic and foreign firms alike. Outrageously, this regime elevates individual corporations and investors to equal standing with each TPP signatory country’s government and above all of us citizens. This regime empowers corporations to skirt national courts and sue our governments before tribunals of private sector lawyers operating under UN and World Bank rules to demand taxpayer compensation for domestic regulatory policies that investors believe diminish their “expected future profits.”
Many of these regulatory policies are designed for environmental protection. For example, in 2012, the U.S.
Lone Pine company launched a $250 million NAFTA investor
state case against a Canadian ban on fracking.
Read more at: http://www.exposethetpp.org/TPP_and_Environment_Factsheet_Mar_2013_FINAL.pdf
Read more about TPP: http://www.exposethetpp.org/
Get involved and contact your representative: http://www.contactingthecongress.org/
Normally we do not get political but this affects every American. Remember we are Americans first, Green, Democrat, Republican, Libertarian, etc. Second!!!