Sunday, November 17, 2013

Wikileaks reveals a section of the Trans-Pacific Partnership Treaty

Here are some summary comments about the leaked section:

Bill Black 
Obama has caused the TPP to violate every standard he has endorsed as president, including secret lobbying.  There is no limit on the political contributions that corporations can make to influence TPP policy or disclosure of their lobbying positions.  The TPP is bankrolled” by the world’s most powerful corporate interests.  TPP policies are not made by the American people, but they are also not made by our elected representatives in Congress. Obama’s “fast track” process for adopting TPP is designed to eliminate normal congressional powers.  Obama knows TPP is indefensible and that Americans would vote against it.  He is desperate to avoid any open, democratic debate between the people of America and the corporations, most of them foreign, that TPP seeks to make our unelected, all-powerful rulers.  

Dean Baker  
Specifically, there are several provisions that will increase protectionism in the prescription drug market, pushing up prices in the countries that sign the agreement. There are also provisions that would strengthen copyright protection, increasing the responsibility of third parties to assist copyright holders in enforcing their copyrights.

The TPP also provides for stronger and longer protection for test data used to establish a drug’s safety and effectiveness. If this gets into law, patients in many countries will likely have to wait longer before having access to generic versions of drugs. The US proposed language for the TPP that would require countries to issue patents for medical procedures. This means that a surgeon who has developed a creative way to carry through a particular operation – or was at least able to get a patent issued — would be able to sue other doctors for doing similar operations.

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