Brian Fallow: Reviving the Trans-Pacific Partnership
New Zealand Herald
October 6, 2017
Alan Bollard thinks it is a 50:50 question whether leaders at next month’s Apec summit will sign off on a Trans-Pacific Partnership agreement which excludes the United States – the TPP11 – or will conclude that they have to renegotiate it.
“It’s a bit hard to predict which they are going to do. If they don’t get something to sign, you would have to assume it is going to be on the back-burner,” said Bollard – the former Reserve Bank governor and Treasury secretary who now heads the Apec secretariat – during a visit home this week.
Officials from the remaining 11 TPP countries – a subset of Apec’s 21 Pacific Rim economies – have been working on a draft which freezes or suspends some of the provisions which were included at the United States’ behest, in the hope that what remains can be agreed at the Apec summit in Da Nang, Vietnam.
Trade remains a central preoccupation for Apec, whose members account for more than half of global GDP.
But the focus is shifting, Bollard says, from barriers to merchandise trade, at and behind the border, to issues arising from the digital economy.
“For 20 years we have been arguing about obstacles to merchandise trade. Now a lot of what we are arguing about is about data movements, electronic commerce and platforms, and the complex questions they bring up about cyber-security, hacking and data privacy.”
But now they have to confront trends such as ageing populations – with the risk of countries getting old before they get rich – rising environmental concerns among burgeoning middle classes, industrial automation hollowing out manufacturing employment, and widening income inequality.
The elastic term “globalisation” serves as a convenient lightning rod for much of that concern.
At a time when international co-operation and multilateral institutions have never been more needed, an ebb tide is running in popular support for them. The attitudes behind Brexit and America First are not confined to Britain and the United States.
The upshot is a Trump Administration which has pulled out of the Trans-Pacific Partnership. Its trans-Atlantic counterpart, TTIP, is going nowhere and the Nafta trade pact with Canada and Mexico is being renegotiated.
Fears of a trade war breaking out between the US and China, which were prompted by Donald Trump’s rhetoric as a candidate and some of the appointments he has made, have so far proven unfounded.
All of [the problems discussed in the article] which leaves an organisation like Apec struggling with the problem of how to do multilateralism when the indispensable power has gone AWOL.
Asia Trade Talks Stall as TPP Bounces Back From Trump’s Blow
Will the Trans-Pacific Partnership see new life?
SEPTEMBER 22, 2017
(Bloomberg) — As negotiators race to wrap up a 16-nation Asia trade pact they face a new and unexpected threat — momentum in a rival trade deal that nine months ago appeared doomed.
When President Donald Trump abandoned the U.S.-led Trans-Pacific Partnership shortly after taking office, nations turned their focus to the Regional Comprehensive Economic Partnership. Now, remaining TPP members are making a concerted effort to resurrect that deal, while progress stalls on the RCEP.
The goal of an agreement by end-year on the RCEP, which includes China, India and Japan, but not the U.S., won’t be met, according to its chief negotiator. Still, for Iman Pambagyo the bigger concern is some RCEP members may exit the deal to prioritize the TPP, a pact that doesn’t include China and was seen as a hedge against its growing clout in Asia.
“Perhaps down the road, toward the end of the year, someone will say, ‘That’s enough for me. We’re not joining at this point. We will join on some other date,’” Pambagyo said in an interview Tuesday in Jakarta. It’s possible the pact could lose two to three members, he said, without naming those countries at risk of leaving.
“As the chair of the trade negotiation committee, I will work on the basis of my mandate: to keep everyone on board and find a possible solution that is agreeable to all,” he said. “Otherwise, it will be difficult for us to conclude this negotiation.”
The move by Trump to rip up the TPP, his predecessor’s landmark trade policy, signaled a more protectionist administration and pivoted attention to the RCEP. But some of the remaining 11 TPP nations — mostly Australia, Japan and New Zealand — are now pushing hard to keep it going.
The TPP stoked controversy by going beyond traditional trade deals in seeking to protect labor rights, environmental standards and intellectual property. The RCEP, which includes Southeast Asian nations, is focused mostly on lowering tariffs.
Read the article HERE.
TPP members promise to keep trade deal alive
May 22, 2017
Eleven signatory countries of Trans-Pacific Partnership (TPP) have shown their unity in pursuing the trade deal without the United States.
The United States pulled out of the TPP – frequently called a “21st century trade agreement” – soon after US President Donald Trump took office in January.
Without the United States, 11 countries remain in the trade agreement including Japan, Australia, Canada, Brunei Darussalam, Chile, Mexico, New Zealand, Malaysia, Peru, Singapore and Việt Nam.
Meeting on the sidelines of the APEC Ministers Responsible for Trade Meeting (MRT) in Hà Nội on Sunday, the 11 remaining nations agreed to seek ways to move forward with the free trade pact without the United States.
The meeting reaffirmed the balanced outcome and the strategic and economic significance of the TPP and highlighted its principles and high standards as a way to promote regional economic integration and contribute positively to the economic growth prospects of its member countries.
Read more HERE.
If You Thought the Trans-Pacific Partnership Was Bad, Get a Load of This
June 27, 2017
Donald Trump fulfilled his campaign promise to withdraw the United States from the much-reviled Trans-Pacific Partnership (TPP) on his first day in office.
This was a big win for his supporters, his detractors—America as a whole.
The problem is that leaving TPP is meaningless as long as America remains in the Trade in Services Agreement (TiSA). What is TiSA? It’s a proposed international agreement among the United States, the European Union, Canada, Mexico, Australia, New Zealand, Japan, South Korea, Taiwan, Chile, Columbia, Peru, Norway, Switzerland, Pakistan, and Turkey. Although is has been through 21 rounds of negotiations since 2013, very few people know it exists—fewer still know what it does. Put simply, TiSA deregulates international banks and financial firms, voids internet privacy laws, and broadens the definition of “services” to include manufactured goods, thereby reviving TPP.
Basically, TiSA was designed as a backdoor to ensure unfettered economic globalization could continue if TPP died—it was a failsafe. This becomes increasingly clear when looking at documents released by WikiLeaks.
To the extent the Obama Administration discussed TiSA at all, U.S. trade officials contended the agreement would “create economic opportunity for U.S. workers and businesses by expanding trade opportunities.” Cutting through the boilerplate, TiSA would be much larger than TPP, and would have a similar effect. That is TiSA broadly, but the Devil’s in the details.
…article 10 of TiSA undermines Internet privacy by banning restrictions on the transfer of information in “electronic or other form” from any “financial service supplier.” This is a problem because “financial service suppliers” are not limited to corporations such as banks, but also include Internet service providers and data aggregators, including Facebook and Google.
In essence, TiSA would stop countries from making regulations that prohibit the movement of data beyond its borders, giving foreign firms free reign.
TiSA would make “borderless data” international law.
The personal privacy ramifications of TiSA are obvious, but TiSA could also impact U.S. national security, as well as that of our allies. For example, German privacy laws preventing the transfer of data to Turkey would be voided—this could be a major problem, especially with the rise and radicalization the Turkish government under President Recep Tayyip Erdoğan. The same is true here: TiSA would make it much easier for foreign firms to act as moles. It makes us more vulnerable to blackmail, fraud, or other forms of cyberattack.
Read more HERE. (emphasis mine)
Vietnam will chair the November 2017 APEC meeting this year. During that meeting those planning to revive the TPP will be hashing out details and revising the agreement. Most hope to finalize plans but the North Korea issue may have slowed those plans down a bit.
The meeting there would place Vietnam at the center with a pivotal role in possibly shaping the future of TPP. However, the Vietnamese government remains non-committal largely because the U.S. absence affects the fundamental bargain at the heart of its original participation. A bargain that would have provided Vietnam with a lot of economic benefit. (Brookings)
Anger isn’t a good enough description of my thoughts on all of this. TPP is a BAD DEAL that we are thankfully out of now that President Trump withdrew us from it. But Obama and his power brokers slipped TiSA past all of us as a Two-Fer way to get what they wanted–control of the world internet though it may not have yet been finalized. TiSA is equally as bad if not worse. NWO needs this world censorship and cross boundaries transference of information to eliminate national sovereignty in order to achieve their goal of global sovereignty.
Even worse, TiSA was proposed to a group of countries meeting in Geneva called the Really Good Friends. All negotiating meetings taken place in Geneva. The EU and the US are the main proponents of the agreement, and the authors of most joint changes. The participating countries started crafting the proposed agreement in February 2012 and presented initial offers at the end of 2013.
Their friggin’ sleight-of-hand on this agreement is classic for what has happened over the last quarter century. “Diversion and then do an end run” has kept everyone fooled over a lot of issues. It is exactly how so much underhanded activity has been kept in the shadows by the Obama administration and everyone involved with NWO like Google, You Tube, and Facebook.
And we continue to see Obama walk around and strut his stuff even as more and more layers of the onion are peeled back. BECAUSE HE KNOWS HE IS PROTECTED.
The video below is what made me decide to post this article now. He is very angry but justifiably so if much of what is in TiSA is factual and nothing has been done to remove us from its tentacles or force the big internet giants like Google, You Tube, and Facebook to rein in their attempts to strip us of all privacy and rights to post on internet.
The whole TPP, TiSA, and sell out of domain crap is a direct bid by Obama and his demonic NWO puppet masters which needs to be rescinded. Then they need to be stripped of all their power and imprisoned on some middle of the Pacific Ocean active volcanic island where sharks congregate along with radiation and floating trash. Perhaps the island could be used for long-range missile target practice.