APEC summit wraps up with new commitments to free trade & TPPA
The Sydney Morning Herald's summary of the APEC summit held in Bali mentions the Trans Pacific Partnership Agreement (TPPA) and quotes AFTINET.
"The proposed Trans-Pacific Partnership, which involves Australia among 12 nations representing 800 million people and 40 per cent of the global economy seeks to cut tariffs and non-tariff barriers. But it also contains a number of contentious elements from the US foreign policy wishlist including extended benefits for big pharma and copyright holders, the right of private businesses to sue governments over their policies, as well as environmental and labour safeguards."