Friday 17 January 2014

Japan hates the TPP

I haven't been paying much attention to the other countries involved in the Trans Pacific Partnership agreement. Australians have been enraged enough themselves. So this was interesting. Japan evidently hates the TPP and wants nothing to do with it. 

There's an hour video there, but I just snipped this little beauty from the stopped player. You can watch the video or read the transcript at the link:


Japan has been a hotbed of protest against the Trans-Pacific Partnership, which would establish a free-trade zone stretching from Japan to the United States to Chile, and encompass nearly 40 percent of the global economy. Now, new documents released by WikiLeaks show the White House may be ready to backtrack on a series of critical regulations in order to secure a deal on the trade pact, including legally binding requirements for pollution limits, logging standards, and a ban on the harvesting of shark fins. The draft version of the "environmental chapter" also reveals that the United States and 11 other Pacific Rim nations that are party to the TPP would rely on trade sanctions instead of fines if a country violates its obligations. The Sierra Club responded to the latest news saying that if the draft report were to be finalized, "President Obama’s environmental trade record would be worse than George W. Bush’s." more

No comments:

Post a Comment