Author Topic: New Leak: Secret Trans-Pacific Partnership Agreement (TPP) - Investment Chapter  (Read 4623 times)

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Offline jujyjuji

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Secret Trans-Pacific Partnership Agreement (TPP) - Investment Chapter

WikiLeaks releases today the "Investment Chapter" from the secret negotiations of the TPP (Trans-Pacific Partnership) agreement. The document adds to the previous WikiLeaks publications of the chapters for Intellectual Property Rights (November 2013) and the Environment (January 2014).

The TPP Investment Chapter, published today, is dated 20 January 2015. The document is classified and supposed to be kept secret for four years after the entry into force of the TPP agreement or, if no agreement is reached, for four years from the close of the negotiations.

Julian Assange, WikiLeaks editor said: "The TPP has developed in secret an unaccountable supranational court for multinationals to sue states. This system is a challenge to parliamentary and judicial sovereignty. Similar tribunals have already been shown to chill the adoption of sane environmental protection, public health and public transport policies."

Current TPP negotiation member states are the United States, Japan, Mexico, Canada, Australia, Malaysia, Chile, Singapore, Peru, Vietnam, New Zealand and Brunei. The TPP is the largest economic treaty in history, including countries that represent more than 40 per cent of the world´s GDP.

The Investment Chapter highlights the intent of the TPP negotiating parties, led by the United States, to increase the power of global corporations by creating a supra-national court, or tribunal, where foreign firms can "sue" states and obtain taxpayer compensation for "expected future profits". These investor-state dispute settlement (ISDS) tribunals are designed to overrule the national court systems. ISDS tribunals introduce a mechanism by which multinational corporations can force governments to pay compensation if the tribunal states that a country's laws or policies affect the company's claimed future profits. In return, states hope that multinationals will invest more. Similar mechanisms have already been used. For example, US tobacco company Phillip Morris used one such tribunal to sue Australia (June 2011 – ongoing) for mandating plain packaging of tobacco products on public health grounds; and by the oil giant Chevron against Ecuador in an attempt to evade a multi-billion-dollar compensation ruling for polluting the environment. The threat of future lawsuits chilled environmental and other legislation in Canada after it was sued by pesticide companies in 2008/9. ISDS tribunals are often held in secret, have no appeal mechanism, do not subordinate themselves to human rights laws or the public interest, and have few means by which other affected parties can make representations.

The TPP negotiations have been ongoing in secrecy for five years and are now in their final stages. In the United States the Obama administration plans to "fast-track" the treaty through Congress without the ability of elected officials to discuss or vote on individual measures. This has met growing opposition as a result of increased public scrutiny following WikiLeaks' earlier releases of documents from the negotiations.

The TPP is set to be the forerunner to an equally secret agreement between the US and EU, the TTIP (Transatlantic Trade and Investment Partnership).

Negotiations for the TTIP were initiated by the Obama administration in January 2013. Combined, the TPP and TTIP will cover more than 60 per cent of global GDP. The third treaty of the same kind, also negotiated in secrecy is TISA, on trade in services, including the financial and health sectors. It covers 50 countries, including the US and all EU countries. WikiLeaks released the secret draft text of the TISA's financial annex in June 2014.

All these agreements on so-called “free trade” are negotiated outside the World Trade Organization's (WTO) framework. Conspicuously absent from the countries involved in these agreements are the BRICs countries of Brazil, Russia, India and China.

Read the Secret Trans-Pacific Partnership Agreement (TPP) - Investment chapter

Source: https://wikileaks.org/tpp-investment/press.html

Offline Riney

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There is some mixed messages/claims about this.... WikiLeaks (Assange) tweeting ...

[email protected]

#TPP "court" system has been comprehensively rigged by the United States http://bit.ly/1GXeaG0 #auspol #nzpol #ISDS




https://twitter.com/wikileaks/status/580931547626409984


 But actually some are arguing just the opposite, on MSNBC there was ....

THE ED SHOW 3/26/15
Leaked TPP documents highlight dangers
WikiLeaks uncovered documents outlining the additional threats posed to the United States' sovereignty
under the proposed the Trans-Pacific Partnership. Ed Schultz, Lise Johnson and Genevieve Wood discuss.

http://www.msnbc.com/the-ed-show/watch/leaked-tpp-documents-highlight-dangers-418790467706?cid=sm_tw_msnbc

Elizabeth Warren, a popular Senator in the US said this....


"One strong hint is buried in the fine print of the closely guarded draft. The provision, an increasingly common feature of trade agreements, is called “Investor-State Dispute Settlement,” or ISDS. The name may sound mild, but don’t be fooled. Agreeing to ISDS in this enormous new treaty would tilt the playing field in the United States further in favor of big multinational corporations. Worse, it would undermine U.S. sovereignty.
ISDS would allow foreign companies to challenge U.S. laws — and potentially to pick up huge payouts from taxpayers — without ever stepping foot in a U.S. court. Here’s how it would work. Imagine that the United States bans a toxic chemical that is often added to gasoline because of its health and environmental consequences. If a foreign company that makes the toxic chemical opposes the law, it would normally have to challenge it in a U.S. court. But with ISDS, the company could skip the U.S. courts and go before an international panel of arbitrators. If the company won, the ruling couldn’t be challenged in U.S. courts, and the arbitration panel could require American taxpayers to cough up millions — and even billions — of dollars in damages."
http://www.washingtonpost.com/opinions/kill-the-dispute-settlement-language-in-the-trans-pacific-partnership/2015/02/25/ec7705a2-bd1e-11e4-b274-e5209a3bc9a9_story.html

  So I will not claim to be any expert on the TPP, but I do know a thing or two about Assange. He is absolutely trying his best to smear the US at any opportunity that he can get. He does it in a very distorted and self serving way. In my opinion everything that WikiLeaks tweets is tainted with Assange's personal political agenda.
"Life shrinks or expands in proportion to one's courage" Anais Nin .. and yet we must arm ourselves with fear

Offline J.C

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  • la plume est plus puissante que l'épée
    • Snowden
Off Course the anti-TPP is driven by Assange´s anti-west Agenda. Pretty sure Russia also would love to be a part of some trade agreement whilst slowly driving into isolation like wikileaks is doing at the moment.
Assange fears the Pigeon.

https://goo.gl/QjIHja

Offline Riney

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It just blows my mind still, how Assange scrapes up as much dirt he can about the US but ignores all the same dirt that is present in Russia or Ecuador? He is not out to beat corruption at all, he is out to spread as much fear and loathing towards corruption that does not serve him, and completely ignore corruption that does serve him in some way.
"Life shrinks or expands in proportion to one's courage" Anais Nin .. and yet we must arm ourselves with fear

Offline J.C

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  • la plume est plus puissante que l'épée
    • Snowden
well there are two options.
TPP will come. or not. :-)

looking ten years forward there will be something new or similar. it´s just "moments of retweets" moments of being "a news" seconds, maybe days, maybe years.

I am more worried about all those people can´t go to toilette, having another night at war, have nothing to drink or eat...
We all can eat whatever we want - with TPP in a more easy way than ever....

so the issue now is what? big corporations making more money? Do good work and join them be a part of some good coorporation. if you have skills you can do everything.

off course you can held the government or the big bad mickey mouse corporations accountable for the bad things in this world - or just yourself.



Assange fears the Pigeon.

https://goo.gl/QjIHja

Offline jujyjuji

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I think the fact the corporations are so much pressuring the governments because of their immense economic powers and the other fact they have the same judicial rights of a human, being themselves entities that instad exploit humans for profit, is a big problem also for Western countries.

The TTP leaks in my opinon are very important and valid, but I wouldn't attack only the govts, I would go to the direct issue: the rich enfied balloons that impose what to do even to the govts: the Corporations and the guys behind them; the extrapower they have; the big banks, etc.

So it wouldn't be only an "anti-US" leak, but a Pro-welfare information.

That Mikey Mouse with "US boxers" emphatizes a lot that it "should be a US thing"... It is, but Not just the US are to blame and, mainly, not whoever in the US govt. 

Also, on the other side of the economy, in China, that Wikileaks mentions as excluded, another phenomenon is as worrying as the TTP: the Chinese State-owned or backed companies are buying entire parts of Latin America and Africa with disastrous effects on the local balances (Not to mention that China in Europe has bought entire production circuits). At the moment Ecuador's Correa has given the permission of starting oil extradition in the middle of the main national park, fundrased by China.

So TTP is very important to be noticed and opposed. But without being unilateral as wherever in the world similar phenomenons are happening, fundrased by States or private entities with extra-fagocitating powers.

I give an example concerning Italian ENI (that did agreements also with Russian Gazprom, just saying... ) ... ENI has bought Oil sources in Iraq; ENI is devasting Nigeria polluting the whole Niger Delta giving Nothing to Nigerian people but death fish and lurid waters .., and Italy anyway has the highest fuel prices in EU almost, because the State IMPOSED extra-taxes on the fuel; ENI isn't given a lot of jobs even to the Italians... So the only guys earning are ENI big guys and some politicians. ... It isn't US fault. Or Italian's fault. It's Corruption.

TTP info are very helpful to fight Corruption and deprivation of Rights to the Persons and the States (made by persons for the persons).

It shouldn't be done pro-anti anyone but the corrupt persons, the exploiters... At least this is my opinion.

Offline jujyjuji

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*oil Extraction (!!!) ... I Do Hate autocorrections.