Stories
Slash Boxes
Comments

SoylentNews is people

Australia Ratifies the TPP on Halloween

posted by martyb on Monday November 05 2018, @06:49AM   Printer-friendly
from the All-Your-Copyrights-are-Belong-to-US-dept dept.

An Anonymous Coward writes:

The Australian Government ratified the TPP (Trans-Pacific Partnership) on October 31st 2018. Protesters of the TPP have been described as being "misinformed" by authorities keen to sign the agreement. Previous analysis of the TPP showed detrimental clauses for Australia. The TPP was first signed in New Zealand in 2016 amongst significant protests. While there were some opiniions that Australia could be a winner in the agreement, the consensus amongst experts that the pharmaceuticals and investor-state arbitration sections make the TPP not worth signing — the total cost from these clauses will outweigh any other benefits. A full costing of the TPP for Australia is still not available.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Australia Ratifies the TPP on Halloween | Log In/Create an Account | Top | 24 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 2) by Runaway1956 on Tuesday November 06 2018, @03:18PM

    by Runaway1956 (2926) Subscriber Badge on Tuesday November 06 2018, @03:18PM (#758518) Journal

    Thanks for the point of view. Yeah, what you say goes hand-in-glove with businesses moving from the "rust belt" in the states, to the "sunbelt". That preceded offshoring, so places like Pittsburgh and Youngstown were already hit fairly hard when the steel mills started going overseas.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
    Total Score:   2