As the Trans-Pacific Partnership (TPP) train begins to chug along the track a little faster, more countries are signaling that they want to jump on the bandwagon. Last month Colombia indicated its interest in joining the TPP talks and now Malaysia and Canada are doing the same.
The New Zealand government has dismissed the possibility it would scrap its drug-funding system as part of the price of a free-trade deal with the United States.
The medicines industry says reforms are likely be needed to the way the Government’s drug-buying agency Pharmac operates if New Zealand is to reach a free trade deal with the United States.
The eight-country "Trans-Pacific Partnership" is now the main face of the Obama administration’s trade policy. It was personally endorsed by the president in November and followed up last month by the first detailed discussions in Melbourne. But a closer look at the actual deal shows how little there is to be excited about.
Suspicions persist over a link between the Anti-Counterfeiting Trade Agreement (ACTA) and negotiations for international free-trade pacts, despite efforts by officials to downplay the issue.
Officials negotiating New Zealand’s position on the Anti-Counterfeiting Trade Agreement (ACTA) intellectual-property treaty say they have no perspective on the separate negotiations over the Trans-Pacific Partnership trade agreement. Nor would they be involved in any trade-off of ACTA concessions against broader free-trading rights.
When asked in 2006 to join the Trans-Pacific Partnership negotiations that only recently got under way in Australia, the Harper government refused, largely to protect the Quebec and Ontario dairy industry from foreign competition.
As the assault on national sovereignty continues, the question is whether the ’’market system’’ can fill the vacuum as the power of the state withers away.
In an historic move, peak bodies of Trans Pacific trade unions have called for a new and fairer framework for trade and investment agreements.
The US National Textile Association is worried that the Trans-Pacific Partnership agreement could undermine the basis for textile rules of origin in US FTAs and that if more APEC members join the US will be outvoted.
The negotiations for Peru to join the Trans-Pacific Strategic Economic Partnership Agreement, known as P4, could take at least two years because of different interests among the eight countries who participate in the negotiations.
New Zealand on Monday hit back at a group of 30 U.S. senators who accused the country’s dairy industry of anticompetitive practices, as a first round of talks ended for a free trade agreement.
The possible entry of Colombia into the TPP illustrates the unprecedented nature of the TPP.
Why is the Rudd government entering into new free trade negotiations with the Obama administration? Australia has nothing to gain except a further erosion of our sovereignty and Barack Obama lacks authority from Congress to undertake a binding agreement.
Prime Minister John Key said the NZ-US free trade agreement could not go ahead if the powerful US dairy lobby succeeded in excluding agriculture from the terms of the agreement.
Surveys have consistently shown that most Australians consider the Free Trade Agreement the Howard government signed with the US in 2004 was a bad deal. So why would any Australian government want another trade deal with the US?
The Asia-Pacific is one place where there’s room for US exports to increase dramatically, and a growing TPP would certainly help on that score. However, free trade deals are never an easy sell, and they become tougher still when the domestic jobs picture is bleak.
The first step to an Asia-Pacific-wide trade pact will be taken on Monday, with officials from eight nations meeting in Melbourne.
Talks begin in Melbourne today to lift what began as a 2001 pact between New Zealand and Singapore to a powerful "new generation" regional free trade deal that the United States has made a top trade priority.
Malaysia said Thursday that negotiations towards a bilateral trade pact with the United States have been shelved and it is now considering joining a regional deal promoted by the US.