January 30, 2015:Nobel Prize-winning economist Joseph Stiglitz warns in the New York Times that US proposals at ongoing TPP talks would strengthen monopoly rights for pharmaceutical companies to delay cheaper generic medicines, and would undermine government regulation of drug prices.
CPTPP (previously TPP)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
MEDIA RELEASE January 27, 2015
As secret Trans-Pacific (TPP) trade talks resume in New York, an unusually diverse mix of 47 Australian community groups including public health, environment, union, church, development aid and other groups have written an open letter to Trade Minister Robb citing mounting evidence that the TPP is not in the national interest, and demanding that the text be released for public scrutiny before it is signed.
January 27, 2015
A letter from 47 Australian community groups tells Trade Minister that the Trans-Pacific Partnership (TPP) is not not in the national interest
The New York Times reported on January 8 that a broad coalition of Democratic lawmakers and activists from organized labor, environmental, religious and civil rights groups is stepping up efforts to stop congress from granting "Fast Track" passage of the TPP, forbidding amendments and allowing only a yes or no vote.
A study by health experts published in late December 2014 examines the potential costs for Australia of a proposal in the leaked intellectual property chapter of the Trans-Pacific Trade deal which would delay the availability of cheaper generic medicines and would cost taxpayers over $205 million in one year,
Protestors urged Congress not to grant fast-track authority for the TPP, They want Congress to debate the full text of the agreement, and not to support fast-track, which would mean only a yes or no vote
When Corporations Sue Governments December 3, 2014
Manuel Pérez-Rocha wrtiing in the New York Times argues for exclusion of foreign investor rights to sue governments in the Trans-Pacific (TPP) and the Transatlantic (TTIP) trade deals, citing examples of growing opposition from Latin America, Europe and the Asia Pacific
The U.S. Department of Agriculture recently released a report assessing economic growth from the TPP if all tariff barriers were removed. It found that,while there would be increases in agricultural trade between some countries, the overall effect on economic growth would be zero for a number of countries, including Australia.