Saturday, October 5, 2013

"A Corporate Trojan Horse": Obama Pushes Secretive TPP Trade Pact, Would Rewrite Swath of U.S. Laws

  
As the federal government shutdown continues, Secretary of State John Kerry heads to Asia for secret talks on a sweeping new trade deal, the Trans-Pacific Partnership. The TPP is often referred to by critics as "NAFTA on steroids," and would establish a free trade zone that would stretch from Vietnam to Chile, encompassing 800 million people — about a third of world trade and nearly 40 percent of the global economy. While the text of the treaty has been largely negotiated behind closed doors and, until June, kept secret from Congress, more than 600 corporate advisers reportedly have access to the measure, including employees of Halliburton and Monsanto. "This is not mainly about trade," says Lori Wallach, director of Public Citizen’s Global Trade Watch. "It is a corporate Trojan horse. The agreement has 29 chapters, and only five of them have to do with trade. The other 24 chapters either handcuff our domestic governments, limiting food safety, environmental standards, financial regulation, energy and climate policy, or establishing new powers for corporations."


Lori M. Wallach has been director of Public Citizen's Global Trade Watch since 1995.
Wallach is an expert on the operations and outcomes of trade policies such as NAFTA, WTO, CAFTA and more. She is steeped in the domestic and international politics of current trade negotiations and disputes. Wallach works closely with Congress and civil society, scholars, and activists in the U.S and developing countries to foster the growing debate about implications of different models of globalization on jobs, off-shoring, wages, the environment, public health and food safety; equality and social justice and democratically accountable governance.
Please go here to watch the full interview on Democracy Now! with Lori Wallach: http://www.democracynow.org/2013/10/4/a_corporate_trojan_horse_obama_pushes
Please go here to watch Lori Wallach interviewed on Bill Moyers Journal in June 2007:  http://www.pbs.org/moyers/journal/06292007/profile.html

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