We're starting to win the trade debate, but this is only the beginning: already, corporate representatives and the Turnbull Government are already looking for ways to push through the TPP under a different name. We need your financial support in 2017 - Will you help by making a donation?
Trans-Pacific Partnership Agreement
Donald Trump didn’t kill the TPP. His opposition was only the final blow which came at the end of more than six years of criticism in the US, Australia and other countries by public health, environment, church, union and other community groups, writes AFTINET Convener Pat Ranald for Fairfax media.
The Trans-Pacific Partnership Agreement (TPP) is a massive free trade agreement involving Australia, the US and ten other countries, which reduces our democratic rights while increasing the rights of global corporations.
The TPP is bad for:
- Democracy. It allows global corporations to sue governments over health, environment and public interest laws. Read more.
- Health. Medicines will be more expensive because of stronger monopoly rights for pharmaceutical companies to charge higher prices for longer. Read more.
- Workers. Contains no real protection for labour rights or migrant workers, and removes labour market testing. Read more.
- The environment. Lacks enforceable commitments to key international agreements, does not mention climate change and allows corporations to sue over new environmental laws. Read more.
- Internet users. Locks in strong rights for copyright holders at the expense of consumers and internet users. Read more.
Despite all the downsides of the deal, economists and the World Bank predict few benefits for Australia.
The Turnbull Government will try to rush the TPP’s implementing legislation through Parliament this year, to pave the way for Australia to ratify the agreement. But Labor, Greens and independent representatives could block the deal by voting against its implementing legislation in the Senate.
For all the latest news on the TPP, follow this link.
For in-depth analysis and resources, including AFTINET’s JSCOT submission and our printable TPP flyer, click here.
Media Release, 30 November 2016: The report of the Government-majority Joint Standing Committee on Treaties has predictably endorsed the ratification of the TPP. However ALP committee members’ critical comments on the report described some TPP provisions as “risky and harmful to Australia’s interests,” expressed “concerns about ratifying the TPP in terms of both content and process,” and criticised the haste to ratify when it appears certain that the TPP will not proceed. The Greens’ dissenting report called for rejection of the agreement.
29 November 2016: ABC business editor Ian Verrender writes that the TPP was not really about trade, and rather about the US getting stronger intellectual property rights for its pharmaceutical, communications and entertainment corporations.
That is anti-competitive, highly protectionist and certainly does not qualify as free trade,” he says. Read the article here.
22 November 2016: There were a lot of different media reports flying around about the future of the TPP during the APEC meeting in Lima over the weekend. Here’s our explainer.
14 November 2016: Over the weekend, the US administration confirmed that they would not push the TPP through the current lame duck Congress: effectively abandoning the deal.
While Trump's election may have dealt the final blow, it's been people like you and organisations like ours which have campaigned since 2010 against the TPP's corporate agenda.
The TPP could still pass in a lame duck session of the US Congress held before Trump is sworn in to office in late January 2017.