High Jinx at the opening ceremony of the Trans Pacific Partnership negotiations in Dallas as the good people of Yes Lab helped protesters stage a mock award ceremony, announcing US Trade Representative, Ron Kirk, with the "2012 Corporate Power Tool' award!
The Trans Pacific Partnership Agreement (TPPA) is a proposed new regional free trade agreement which builds on an existing Free Trade Agreement between New Zealand, Chile, Singapore and Brunei Darussalam. The negotiations now include the United States, Australia, Peru, Vietnam and Malaysia, with several others including Japan expressing interest in joining.
The China-Australia FTA text released on June 17, 2015 shows the Australian government made huge concessions on temporary labour and investor rights in its desperation to complete the deal.
AFTINET's preliminary analysis reveals that the Australian Government has increased temporary labour mobility and has agreed that Chinese investors will be able to sue Australian governments if they can claim that a change in law or policy "harms" their investment, known as Investor-State Disputes or ISDS, but those provisions are unfinished and ambiguous. A Memorandum of Understanding separate from the text of the trade agreement gives Chinese investors in projects valued over $150 million additional rights to bring in temporary migrant workers.