Friday, December 04, 2015

This chapter organizes and provides overall structure for the TPP Agreement; sets out the relationship between the TPP Agreement and other agreements already in place among the TPP Parties (in particular the World Trade Organization (WTO) Agreement, but also existing free trade agreements among the TPP Parties); and defines technical terms used in more than one chapter of the Agreement.

There it is. I said there was absolutely no reason for the TPP because there are already trading relationships with the member countries AND there isn't anything here that cannot be mitigated through the  WTO. The TPP is about creating unfair profits for Wall Street. It is nothing else and the LIES ARE INSTITUTIONALIZED with this document.

Overview

Relation to Other Agreements
The TPP Parties have obligations to each other under other agreements, such as the WTO Agreement. This chapter affirms that these other agreements remain in place. In addition, although we have been careful to ensure that TPP does not create any obligations that would be inconsistent with any of our existing agreements (including the WTO Agreement), a TPP Party may request consultations with another Party if it believes there is an inconsistency. In many cases, TPP will broaden or improve upon commitments in existing agreements. For example, the commitments Mexico, Canada, Chile, Singapore, Australia, and Peru have made in TPP’s Labor and Environment chapters broaden and improve upon NAFTA and previous FTAs. Regardless of the agreements, TPP Parties will be obligated to implement TPP’s more ambitious standards.