US trying to railroad Pacific trade pact, activists say
SINGAPORE - Activists accused the United States on Sunday of trying to railroad a new Pacific trade pact with 11 key partners as their trade ministers entered a second day of secretive talks.
The meetings, due to end on Tuesday, are a last-gasp attempt to meet a year-end US deadline to forge a deal on the Trans-Pacific Partnership (TPP), which would cover 40 per cent of the world economy even though it currently excludes China. International activists opposed to the TPP - and corporate lobbyists, including those supporting the pact - have also descended on Singapore in an attempt to push their causes.
"The TPP, which is being negotiated behind closed doors by trade bureaucrats and nearly 600 corporate lobbyists, has provoked political uproar because its text has been kept secret from lawmakers in the countries it covers," global advocacy group Avaaz said in a statement on the sidelines of the negotiations. "If the deal is finalised, corporations will take on new powers to sue governments over regulations which threaten their future profits."
"Laws designed to protect the public, including access to cheap medicines, bans on logos on cigarette packaging, clear labelling of GM (genetically modified) products, and Internet privacy could be under threat," the group said.