TPP demise makes way for fairer trade policy
Many prominent media commentators wrote that the demise of the deal was no loss for Australia and reiterated the concerns of public health, environment, union and other community organisations, who have opposed the TPP for its damaging provisions.
ABC business commentator Ian Verrender wrote that the TPP was a stinker for Australia because it had no economic benefits, locked in and strengthened medicine monopolies, and contained ISDS. He dismissed Turnbull’s claims that China could join a revamped TPP as "comic relief”.
The Age's economics editor, Peter Martin wrote that the TPP was never that good for jobs and growth and that if the TPP was as good as Malcolm Turnbull says it is, "he would be able to point to a study saying so.” He criticised the Government’s refusal to undertake an independent study of the TPP and concludes that "Turnbull is talking up the TPP because he has not much else to talk up."
AFTINET Convener Dr Patricia Ranald wrote an op-ed published by the Fairfax press advocating for the TPP model of trade agreements to be rejected and for progressive fair trade policies to be developed as an alternative to both fundamentalist 'free' trade and Trump and Hansen's knee-jerk nationalism and discrimination based on fear.
Despite the fact that the deal cannot go ahead, Prime Minister Malcolm Turnbull has said he may still try to pass its implementing legislation in the Australian Parliament.
Instead of endorsing a failed agreement, the Australian Government should strive for better trade deals in the future, which support rather than undermine labour rights, access to medicines and democratic rights to regulate in the public interest.
AFTINET is calling on Labor to reject the TPP if its legislation is brought to Parliament to send a strong message that the TPP should not be used as a model for future trade agreements.
You can ask Labor to VOTE NO to the TPP here.