The release today of a confidential document from ongoing US trade negotiations with eight Pacific nations -- known as the Trans-Pacific Partnership (TPP) -- reveals that provisions included in the trade agreement would drastically undermine Obama's proposed domestic agenda and give unprecented political authority to multinational corporations.
The TPP negotiations have gone on for two years between the Obama administration and several Pacific nations under conditions of 'extreme secrecy' without press, public or policymaker oversight, says Public Citizen who posted the leaked document on their website today.
“The top U.S. trade official effectively has said that the administration must keep TPP secret because otherwise it won’t be able to shove this deal past the public and Congress,” said Lori Wallach, director of Public Citizen’s Global Trade Watch.
“The top U.S. trade official effectively has said that the administration must keep TPP secret because otherwise it won’t be able to shove this deal past the public and Congress,” --Lori Wallach, Public Citizen’s Global Trade Watch
The leaked document, according to the Huffington Post, reveals 'extreme provisions' that have been agreed upon in secret negotiations that "bestow radical new political powers upon multinational corporations" in global trade and contradict key promises made to the US public about such deals.
