There is increasing speculation that President Barack Obama who is visiting Malaysia this weekend is on a charm offensive (or will there be some arm-twisting?) to seal the Trans-Pacific Partnership Agreement. If he succeeds, the TPPA will open the floodgates to domination of the region’s economies by large multinational corporations at the expense of national sovereignty via an investor-state dispute settlement mechanism. (more…)
The latest round of secret negotiations for the Trans-Pacific Partnership Agreement is underway in Utah, USA. The principal beneficiaries are expected to be large corporations.
US trade reps at the Trans-Pacific Partnership negotiations in Dallas were left red-faced on Friday, when activists gatecrashed a welcome gala and presented the US Trade Rep with a fake award for bulldozing through the Big Business/MNC agenda. (Malaysia is also involved in the secret TPP negotiations.)