Trans Pacific Partnership TPP
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Sean
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warrior queen
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Australia has apparently negotiated that the cost of medicines will not rise for us.
At least, that's what they're saying.....
At least, that's what they're saying.....
Sean
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The TPP guarantees drug companies five years exclusivity and bans all generics for that time period. Medicines are going to cost more.
Aella_
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Legal thingies are not my area, but there could be other potential risks too, like minimum wages etc., if I understood correctly:
Trade Pact: How The Trans-Pacific Partnership Gives Corporations Special Legal Rights
By David Sirot
www.ibtimes.com/trade-pact-how-tran...ves-corporations-special-legal-rights-1975817
"Recently leaked drafts of the agreement show the pact includes the kind of “investor-state dispute settlement” (ISDS) provisions written into most major trade deals passed since the North American Free Trade Agreement (NAFTA).
- Those provisions allow companies to use secretive international tribunals to sue sovereign governments for damages when those governments pass public-interest policies that threaten to cut into a corporation’s profits or seize a company’s property.
Unlike corporations, unions and nonprofit groups have no ISDS-style power to unilaterally try to make sure the trade provisions they care about are actually enforced.
- "Corporations under ISDS can bring cases without their national government’s permission, while unions and environmental groups in order to enforce the labor rights and environmental rights in these agreement have to get their government to bring the case," said Silvers, the labor federation's associate general counsel. The problem, he said, is "if their government doesn't bring the case, they don’t have any recourse."
The discrepancy is a deliberate effort to make sure trade policy includes a “tilt toward giant corporations,” Sen. Elizabeth Warren, D-Mass., said."
Trade Pact: How The Trans-Pacific Partnership Gives Corporations Special Legal Rights
By David Sirot
www.ibtimes.com/trade-pact-how-tran...ves-corporations-special-legal-rights-1975817
"Recently leaked drafts of the agreement show the pact includes the kind of “investor-state dispute settlement” (ISDS) provisions written into most major trade deals passed since the North American Free Trade Agreement (NAFTA).
- Those provisions allow companies to use secretive international tribunals to sue sovereign governments for damages when those governments pass public-interest policies that threaten to cut into a corporation’s profits or seize a company’s property.
Unlike corporations, unions and nonprofit groups have no ISDS-style power to unilaterally try to make sure the trade provisions they care about are actually enforced.
- "Corporations under ISDS can bring cases without their national government’s permission, while unions and environmental groups in order to enforce the labor rights and environmental rights in these agreement have to get their government to bring the case," said Silvers, the labor federation's associate general counsel. The problem, he said, is "if their government doesn't bring the case, they don’t have any recourse."
The discrepancy is a deliberate effort to make sure trade policy includes a “tilt toward giant corporations,” Sen. Elizabeth Warren, D-Mass., said."
warrior queen
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Can you link that bit for me? I'm on my phone....
We haven't been told about the 'no generics' rule.
Sean
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Benedict_Arnold
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It means the Yanks can sell their Frankenstein GM filthy foods wherever and to whoever they like and will not even have to bother labelling them. You will still get supersize portions and it will still taste like polystyrene but it will let you grow two heads and if you're really lucky two dicks.
warrior queen
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4est_4est_Gump
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Purely political.
Free trade does not require "treaties."
I read something good this past week, let me go find it...
Here it is: https://mises.org/library/no-more-free-trade-treaties-its-time-genuine-free-trade
warrior queen
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It means the Yanks can sell their Frankenstein GM filthy foods wherever and to whoever they like and will not even have to bother labelling them. You will still get supersize portions and it will still taste like polystyrene but it will let you grow two heads and if you're really lucky two dicks.
That's ok.... coz they'll be able to buy good clean GM-free Aussie food.
4est_4est_Gump
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All that this does is highlight that this issue has nothing to do with trade and everything to do with government control, the soft encroachment of Socialism. Nobody, but nobody will benefit from this agreement other than politicians and a few crony Capitalists who went along to get along and help write the regulations...
4est_4est_Gump
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GM food is the litmus test for scientific ignorance.
Sean
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The whole point is it gives up government control to multi national corporations, you stupid cunt.
ishtat
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The major issue outside the USA and Japan is persuading them to reduce their protection of Agricultural products. Only very marginal progress has been made. For example. Australia and the USA combined will only be allowed to export 55,000 tons of rice pa. to Japan! Massive protection will continue in place for the US and Canadian Dairy and Cheese industries, so Americans will continue to pay way over the odds for those products.
Beef and Grains are not overly protected on price but quotas will continue to keep out competition. Tiny changes are mooted for Sugar quotas.
Big Pharma made a big play to increase the time over which royalties can be paid on new drugs. That largely stayed the same because more expensive medicines are electoral poison every where.
It's a very unambitious agreement, but the odds of it being approved are probably no better than 50% as there are strong opponents especially in Japan and from the Democrats in Congress.
As for Clinton, I think her flip flopping speaks to a lack of character on her part and maybe the first sighns of a degree of desperation.
If the TPP does get through it will only be with GOP support - interesting for a Democrat administration.
China is not included in the deal but if it does go through they may be included in later negotiations
Beef and Grains are not overly protected on price but quotas will continue to keep out competition. Tiny changes are mooted for Sugar quotas.
Big Pharma made a big play to increase the time over which royalties can be paid on new drugs. That largely stayed the same because more expensive medicines are electoral poison every where.
It's a very unambitious agreement, but the odds of it being approved are probably no better than 50% as there are strong opponents especially in Japan and from the Democrats in Congress.
As for Clinton, I think her flip flopping speaks to a lack of character on her part and maybe the first sighns of a degree of desperation.
If the TPP does get through it will only be with GOP support - interesting for a Democrat administration.
China is not included in the deal but if it does go through they may be included in later negotiations
ishtat
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Aussie food is not GM free - hasn't been for years - and neither is any other country taking part in this deal.
M
miles
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Hillary Clinton dishonest? Does a bear shit in the woods? Is Obama a traitor?
BotanyBoy
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BAAAAAAAAAHAHAHAHAHAHAAAAAAAAAAAA!~!!!!
No it's not.
And what's left that is won't be for long when Monsanto shows up.
They will seed your farmers crops, or not, but they will file claims/suits etc. and with that they will bury Aussie farmers one by one in litigation as far as that farmer can see. He'll pack up, liquidate and get on welfare or grow GMO's swimming in toxic petrol/salt based nutrients and pest control, poisoning your water tables and killing any and all life in your soils. Until they own/control the majority of the agriculture industry.
ENJOY!
Aella_
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Some of the posts re GMO labelling captured my attention. I had to read a bit around that, since I knew little about the subject. These articles were useful I'm just pasting the paragraphs for others like me (who were previously uninformed):
http://www.onegreenplanet.org/news/...hip-could-mean-more-gmos-and-no-gmo-labeling/
The Trans-Pacific Partnership Could Mean More GMOs… and No GMO Labeling - By Erin Trauth
"If Monsanto is allowed this sort of control, it would allow cultivation of GMOs in all TPP countries “and will also act to prevent mandatory GMO labeling in order to integrate GMOs into the food supply while removing traceability and accountability.”
As a result, it’s possible that “U.S. environmental, food safety and labeling laws and rules will be overruled by Monsanto under the TPP without a direct democratic vote on any issue.”
http://www.iatp.org/documents/whose...ship-food-and-the-“21st-century-trade-agreeme
Whose Century Is It?: The Trans-Pacific Partnership, Food and the “21st-Century Trade Agreement”. - By Adam Needelman
1."TPP undermines local control of food: Only five of the 29 chapters of the “trade” agreement deal with conventional trade issues like tariffs or quotas.
The real focus of the deal is “regulatory coherence.”
- The idea here is that the current diversity of national and sub-national-level laws and regulations complicate trade, and that some regulations constitute “barriers” rather than legitimate safeguards for public health or the environment.
The TPP fix is to “eliminate unnecessary barriers [and] reduce regional divergence” in standards.
- This means that if the TPP is adopted by the countries involved, regulations written by negotiators will supersede local laws and policies.
2.While regulations in the trade deal would be legally binding, there are also built-in enforcement mechanisms, including an Investor-State Dispute Settlement (ISDS) process, in which corporations can sue countries over rules they feel are infringing on their expected profits. ISDS, enshrined in other trade deals like the US.-Central America Free Trade Agreement (CAFTA), has been a powerful lever for corporations to challenge national and local laws.
CAFTA has allowed mining companies to sue Latin American countries, notably El Salvador, for refusing them the “right to mine”
http://www.onegreenplanet.org/news/...hip-could-mean-more-gmos-and-no-gmo-labeling/
The Trans-Pacific Partnership Could Mean More GMOs… and No GMO Labeling - By Erin Trauth
"If Monsanto is allowed this sort of control, it would allow cultivation of GMOs in all TPP countries “and will also act to prevent mandatory GMO labeling in order to integrate GMOs into the food supply while removing traceability and accountability.”
As a result, it’s possible that “U.S. environmental, food safety and labeling laws and rules will be overruled by Monsanto under the TPP without a direct democratic vote on any issue.”
http://www.iatp.org/documents/whose...ship-food-and-the-“21st-century-trade-agreeme
Whose Century Is It?: The Trans-Pacific Partnership, Food and the “21st-Century Trade Agreement”. - By Adam Needelman
1."TPP undermines local control of food: Only five of the 29 chapters of the “trade” agreement deal with conventional trade issues like tariffs or quotas.
The real focus of the deal is “regulatory coherence.”
- The idea here is that the current diversity of national and sub-national-level laws and regulations complicate trade, and that some regulations constitute “barriers” rather than legitimate safeguards for public health or the environment.
The TPP fix is to “eliminate unnecessary barriers [and] reduce regional divergence” in standards.
- This means that if the TPP is adopted by the countries involved, regulations written by negotiators will supersede local laws and policies.
2.While regulations in the trade deal would be legally binding, there are also built-in enforcement mechanisms, including an Investor-State Dispute Settlement (ISDS) process, in which corporations can sue countries over rules they feel are infringing on their expected profits. ISDS, enshrined in other trade deals like the US.-Central America Free Trade Agreement (CAFTA), has been a powerful lever for corporations to challenge national and local laws.
CAFTA has allowed mining companies to sue Latin American countries, notably El Salvador, for refusing them the “right to mine”
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Aella_
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http://m.strategic-culture.org/news/2015/08/14/genetically-modified-food-threat-to-humankind.html
Genetically-Modified Food: Threat to Humankind. - ByWayne Madsen
"1.Russia and France have banned the cultivation of Monsanto’s GM products, including corn. Scotland has become the latest nation to ban the cultivation of genetically-modified (GM) crops, also known as GMOs – genetically-modified organisms... ie To prevent contamination of Scottish crops by English GM seeds, a strict agricultural inspection regime must be established on the English-Scottish border.
- (The US requires) food manufacturers to label their food as being genetically-modified.
ie Vermont’s mandatory GMO labelling act
2.While Scotland has championed the anti-«Frankenfood» cause, the U.S. Congress voted to ban states from requiring food manufacturers to label their food as being genetically-modified.
- The first casualty of the Congress’s Act, inappropriately titled the «Safe and Accurate Food Labeling Act» of 2015, was Vermont’s mandatory GMO labelling act. The federal legislation also neutralized similar GMO labeling laws in Maine, Hawaii, Oregon, and Connecticut.
3.The roles of the TPP and TTIP are to circumvent national sovereignty and place corporations like Monsanto over the will of elected governments and the peoples they govern.
- One of the effects of the TPP will be an allowance for companies like Monsanto to sue nations banning or restricting GM foods in an unaccountable international courts called Investor State Dispute Settlement Tribunals (ISDST).
- In addition, under free trade agreements like the TPP, articles like this one criticizing Monsanto could result in costly lawsuits against author and publisher brought before ISDSTs. "
Genetically-Modified Food: Threat to Humankind. - ByWayne Madsen
"1.Russia and France have banned the cultivation of Monsanto’s GM products, including corn. Scotland has become the latest nation to ban the cultivation of genetically-modified (GM) crops, also known as GMOs – genetically-modified organisms... ie To prevent contamination of Scottish crops by English GM seeds, a strict agricultural inspection regime must be established on the English-Scottish border.
- (The US requires) food manufacturers to label their food as being genetically-modified.
ie Vermont’s mandatory GMO labelling act
2.While Scotland has championed the anti-«Frankenfood» cause, the U.S. Congress voted to ban states from requiring food manufacturers to label their food as being genetically-modified.
- The first casualty of the Congress’s Act, inappropriately titled the «Safe and Accurate Food Labeling Act» of 2015, was Vermont’s mandatory GMO labelling act. The federal legislation also neutralized similar GMO labeling laws in Maine, Hawaii, Oregon, and Connecticut.
3.The roles of the TPP and TTIP are to circumvent national sovereignty and place corporations like Monsanto over the will of elected governments and the peoples they govern.
- One of the effects of the TPP will be an allowance for companies like Monsanto to sue nations banning or restricting GM foods in an unaccountable international courts called Investor State Dispute Settlement Tribunals (ISDST).
- In addition, under free trade agreements like the TPP, articles like this one criticizing Monsanto could result in costly lawsuits against author and publisher brought before ISDSTs. "
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4est_4est_Gump
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If you want to understand the hidden costs of trade barriers and the positive influences of government, I suggest you search for Frederic Bastiat's Sophisms of the Protectionists when can be downloaded for free and read some of his essays, especially the one on the Broken Window.
Aella_
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I'm not usually into such things, but given the noise and outrage on youtube & that the TPP will affect my part of the world…
Many thanks.
4est_4est_Gump
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Every government protection for its jobs and workers makes trade more expensive. If Japanese, for example, could pay the lower price of imported rice and we could pay for the lower price of imported cars, then we would have more spending power and that creates more jobs; where, we cannot predict, that is up to individual choice. When government limits the importation of rice or cars to protect farmers and factory workers, then everyone has to pay a premium on rice and cars which means less spending power which, while the targeted jobs might be protected in the short term, actually prevents the creation of new jobs because of lack of demand.
Now think of all the products and goods and services that your government protects for you and protects you against.
That is why (one reason) government managed economies eventually grind to a standstill.
Now think of all the products and goods and services that your government protects for you and protects you against.
That is why (one reason) government managed economies eventually grind to a standstill.
ishtat
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If you want a good laugh research, 'The Strategic Culture Foundation.' This is the organization which which Aella has quoted as authoritative on GM.
SCF is in fact a Russian funded, anti-Zionist, anti US think tank.
Incidentally the capacity of corporates to sue foreign governments was made considerably less in the final deal than is currently the case.
SCF is in fact a Russian funded, anti-Zionist, anti US think tank.
Incidentally the capacity of corporates to sue foreign governments was made considerably less in the final deal than is currently the case.
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