staff writer December 10, 2013 from CommonDreams Website
Negotiators fail to close deal amid revelations of internal discord
over US corporate bullying
The Obama administration's pro-corporate Trans-Pacific Partnership (TPP) agenda appears to have missed a deadline.
Ministers and delegates representing 12 nations announced Tuesday they have failed to meet the end-of-year goal of clinching the TPP trade deal after four days of negotiations in Singapore ended without an agreement.
The statement immediately follows a Wikileaks release, exposing near zero support for a drastic pro-corporate agenda pushed in the TPP by the Obama administration, including demands for NAFTA-style secret corporate tribunals, limits to bank regulation, and conditions that would increase the cost of life-saving medicines.
No new timeline has been drafted for what is poised to be the largest U.S. trade deal in history, establishing a "free trade" zone between,
...countries that comprise nearly 40 percent of the world's GDP.
Despite the breadth of this potential deal, the contents of its negotiations have been hidden from the public and U.S. lawmakers, with much of what is known publicly about them exposed by leaks.
Wikileaks released an internal memo and spreadsheet from an unidentified government official on Monday that reveal resistance to U.S. demands for inclusion of corporate giveaways, including conditions that would allow corporations to bypass national law and sue governments in secret courts - boosting their power to steamroll environmental, labor, and public health protections.
This also includes a push for intellectual property conditions that would reduce access to more affordable generic medicines and reduce the power of governments to negotiate lower medicine prices.
The U.S., in addition, is demanding a limit to the ability of governments to regulate banks in times of crisis, according to Zach Carter at the Huffington Post.
The leaked memo reads,
In a statement emailed to Common Dreams, Public Citizen warned,
This latest leak follows the November 13 Wikileaks exposure of the Obama administration's TPP push to erode internet freedoms and cut access to medicines in what analysts say are the most damaging and dangerous proposals in the history of U.S. "free trade" deals.
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