TPP is NOT a trade agreement; it is an MNC Protection and Promotion pact

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While most of us were focussed on the massive 1MDB scandal, we were nearly hit by the so-called Trans-Pacific Partnership agreement. Do-or-die TPP negotiations were almost concluded, but thankfully, they were stalled at the last minute by some sticky points.

But this TPP won’t go away so easily: it is not an ordinary ‘trade agreement’. That term ‘trade agreement’ is part of the corporate media propaganda ploy to try and ‘sell’ the TPP deal to a naive public.

So what is the TPP all about? It is just a cover to strengthen the position of Big Business, specifically the powerful transnational corporations. Only six out of 30 chapters deal with trade, the other chapters cover a whole range of issues to protect and further the interests of transnational corporations, the de facto ‘rulers of the world’.

The most insidious feature of the TPP is a provision that gives multinational corporations the power to sue national governments for loss of future profits if their interests are threatened. This is so even if a government had acted to protect public interest and, in the process, hurt the profits of these firms. Worse, these cases are heard in secret, opaque international tribunals.

The US is even pushing for the privatisation of state-owned enterprises.

Ever wondered why the TPP negotiations are being carried out in secret? It is obvious: for the TPP drivers to bulldoze the pact through, the public has to be kept in the dark about its real impact. They certaintly don’t want the public to know about the implications, to ask hard questions and to protest loudly.

Read this important piece which sums it all up: Stop calling the TPP a trade agreement – It isn’t

So what should we call the TPP? How about ‘MNC Protection and Promotion Agreement’?

Here are 10 important reasons why the TPP is bad even for ordinary Americans. 10 reasons the TPP is not a ‘progressive’ trade agreement

13 COMMENTS

  1. If one do care about TPP, one should first of all start in their backyard first. They oppose TPP but they are not against the very act of the CAT govt and its leaders that kowtow to big time corporation and developers. Is not that hypcorisy by some of the commentators here who are just in obsession as a sycophants.

    GEORGE TOWN: Gerakan wants Chief Minister Lim Guan Eng to clarify whether the state government has alienated a 6,000-acre piece of land to the Boon Siew Group (BSG) in Penang for the purpose of reclamation.

    http://www.freemalaysiatoday.com/category/nation/2015/08/04/clarify-if-land-awarded-to-bsg-for-reclamation-cm-told/

     
  2. Assuming the USD700 million to Najib’s personal account came from the U.S. government, will Najib reciprocate bysigning the TPPA using the ‘I help you, you help me’ principle?

     
  3. The U.S. is always good at playing with their ever self-benefiting games. What they have in mind is to fool the world with hegemonic power since after the second world war !
    With thirty five USD to an ounce of gold to the broken treaty in Bretton Woods, to creating worldwide warfares(but never in their own soils) and the never ending downtrodden hegemony. Tragically, we are still so meek and dumb up til today !?

     
  4. If politicians don’t kowtow to big corporations for political funding, there would be no TPP in the first place.
    This is the problem where money, GDP & economic performance are highly concerned to these politicians. Closely tied to financial handicap is currency manipulation via currency trading, withdrawal of investments (shares, stocks & bonds) & unqualified ratings (at opportune time) from the offices of New York.

    The other global factor is cheap labor, promoted by ‘hungry’ government of poor or developing countries for quick-fix FDI which comes readily to shores but with T&C at your disadvantages. These gomens corrupted & not proactively developing their own labor talents & local R&D industries are forever at the mercy of these big MNCs for imported jobs & employment & export-manufacturing opportunities. And they will argue these FDIs bring about transfer of technology but in actual fact it never happen (until one steals their tech know-how like what happened in China). Some even sell their own sovereignty (rule of law & choice of gomen) for peanuts (extreme low wages attracted by cheap land use & natural resources & deferred taxes).

    Until the day any government worth its salt of ‘serving the people first’ dares to confront such mafia-style global economic arm twisters, we will never live as free nations as we would like to be Born Free.

    The next global paradigm may be back to agrarian age, barter trade & self sufficiency with less dependencies on hi-tech (for lifestyle & industrial productivity), the industrial domain of developed nations where the mafia-style MNCs thrive & operate cross border without impunity in the name of TPP.

    Obama, TPP is not like Operation Desert Storm. Take care of your own American jobs, wages & industries & the world lives peacefully, happily & productively without your exporting exploitation & disruption of economies. Don’t be like Georgie Sorrowful.

     
  5. If building road and tunnel is so good business like the goose lays golden eggs why only 1 or 2 go for it? Who is dunggu? Building English channel tunnel, the cost over run, even hk is expert, the high speed train terminus by the aussies and the bridge to Macau by French and chinese over run by billions. Under fed government everyone very happy except Rakyat as the contract will over price

     
  6. If TPP is bad go to CAT world of smart business with land swapping for road & tunnel project of 27 billions that cost the people 630 billions in the long run. Yes, this is Big Business Corporation Agreement.

     

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