Thursday, November 05, 2015

Text of the Trans-Pacific Partnership (click here)

The text of the Agreement was released by TPP Parties on 5 November 2015 and can be accessed by chapter below. The text will continue to undergo legal review and will be translated into French and Spanish language versions prior to signature....

November 5, 2015

U.S. unions, lawmakers and interest groups (click here) questioned the long-awaited text of a landmark U.S.-backed Pacific trade deal on Thursday, setting up a potentially long and difficult path to ratification by the United States, the biggest of the 12 partners.

Arguments over the Trans-Pacific Partnership agreement, aimed at cutting taxes and tariffs on commerce in 40 percent of the world's economy, are set to focus on transparency and how the pact affects workers and businesses.

"It's worse than we thought,” Lori Wallach, director of Public Citizen’s Global Trade Watch, told reporters on a conference call after examining the full text of the pact, which was unveiled early on Thursday.

U.S. labor representatives, who had already voiced opposition to the deal, said the agreement contained weak, poorly worded or unenforceable provisions....