Wednesday, August 1, 2012

The Most Important Trade Agreement That We Know Nothing About


Levine, David, S. "The Most Important Trade Agreement That We Know Nothing About." Slate, July 30, 2012.


From the article: ".. Trans-Pacific Partnership Agreement (TPP)… is misleadingly labeled as a trade agreement, making it seem like a relatively narrow and limited agreement involving traditional topics like tariffs and exchange of goods—the sort of government-to-government discussions that seem too esoteric to have much impact on the everyday citizen. It is, in fact, much more than that. As explained by the USTR, TPP is an “ambitious, next-generation, Asia-Pacific trade agreement that reflects U.S. priorities and values.” President Obama, who announced the goal of creating TPP in November 2009, has said that TPP will “boost our economies, lowering barriers to trade and investment, increasing exports, and creating more jobs for our people, which is my No. 1 priority.” That sounds pretty important—and more than a little vague. Unfortunately, we don’t know much about it beyond those platitudes.
Here’s what we think we know. Based upon the leaks that have occurred, it seems that an enacted TPP would require significant changes in U.S. and/or other signatory countries’ laws. It would curb public access to vast amounts of information in the name of combating intellectual property infringement (or piracy, depending on your choice of words)." Read more