NZ Labour says TPP threatens sovereignty
26 January 2016
The New Zealand Labour Party has released a statement expressing its concern that the TPP threatens sovereignty for little economic gain.
Canada will sign but may not ratify TPP
25 January 2016
Canada’s new Government is still treating the TPP with caution. They have now agreed to sign on to the TPP at the official ceremony scheduled in New Zealand in the first week of February - but the Canadian Trade Minister is insisting that this doesn’t mean that they will actually ratify the agreement.
Thousands of Malaysians protest TPP
23 January 2016
Thousands of Malaysians have turned out to protests urging their government NOT to sign the TPP.
Canada taking its time to consider TPP text
13 January 2016
While there has been talk that the official TPP signing ceremony will be held in the first week of February, reports suggest that Canada has not yet decided whether or not to participate.
Trans-Pacific trade deal a hard sell for PM Turnbull in Washington
Media Release January 18, 2016 : "Prime Minister Turnbull faces an uphill battle convincing members of the U.S. Congress to support legislation for the TPP, given recent studies which show negligible or negative impacts from the TPP on the Australian and US economies, and threats to environmental laws,” Dr Patricia Ranald, Australian Fair Trade and Investment Network said today.
World Bank says TPP will barely benefit Australia
January 12, 2016: Peter Martin reports in the Sydney Morning Herald that Australia stands to gain almost nothing from the TPP trade deal with 11 other nations including United States, says an economic analysis from the World Bank,
Stiglitz says TPP threatens health, environment laws and Paris accord
January 10, 2016: Nobel prize-winning economist Joseph Stiglitz writes that the TPP faces an uphill battle for US ratification, opposed by all leading Democratic presidential candidates and many Republicans. The TPP severely constrains environmental, health, and safety regulation, and even financial regulations with significant macroeconomic impacts.
Mining company suit against US government tar sands decision shows TPP threat
January 9, 2016: The Huffington Post reports that just two months after the Obama administration rejected TransCanada's bid to build the dangerous Keystone XL tar sands pipeline - a landmark victory for the movement to keep fossil fuels in the ground - the Canadian corporation announced it will retaliate by using ISDS in NAFTA, a TPP-like trade deal,
TPP could trump Paris climate accord
December 31, 2015: Public health experts write in the NZ Herald that the TPP seeks to establish "a predictable legal and commercial framework for trade and investment" which gives global corporations power to sue governments over regulation like action to reduce carbon emissions.
TPP: Crunch time in Parliament
The TPP text of thousands of pages was released in November last year and it confirms our fears. The text will now be reviewed by parliamentary committees from February 2016 before Parliament votes on the implementing legislation. AFTINET is campaigning to block the TPP legislation in the Senate.