TPP – Part 1

TPPIn this post I want to talk a little about the TPP. It’s a huge issue the resolution of which will affect the relationships between corporation and governments for years to come. Firstly, TPP stands for Trans-Pacific Partnership. It’s a free-trade agreement designed to open up and encourage international trade between groups of countries. The contents of the agreement have been in negotiation since 2010 with additional rounds of negotiations having taken place 4 or 5 times a year since then. I’m alarmed, as all Australians are being encouraged to be, because these negotiations which are happening so regularly are virtually 100% clandestine. Details of what is being discussed within the meetings are few and far between with warnings coming from several prominent analysts (and at least one Nobel prizewinner) that the agreement will benefit only the wealthiest of the world. Even though protests are erupting on-line and on streets all over the globe, it looks like the mystery shrouding this agreement will be tough to tear down. One thing seems certain however, that here in Australia with Abbott at the helm, it’s looking like the TPP is not going to disappear any time soon.

 

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