In Da Nang Vietnam, Australia and 10 other countries have tried to revive the TPP without the US.
Even though the analysis of the TPP has shown that the so called 'free trade agreement' has only minimal benefits and many drawbacks for developed nations the Australian Prime Minister is still set on having the agreement ratified. The Australian Prime Minister may be trying to push through the TPP before his government collapses due to the citizenship audit which is rapidly culling members of his party which could result in his party losing power in parliament. With the majority of the Australian public being against the TPP and with Malcolm Turnbull facing an election soon the reasons for this move to try to ratify the TPP is unknown.
If this trade agreement is accepted it will be the last in a series of detrimental trade agreements where Australia is on the wrong end of the stick. With Australia still reeling from the impact of the terrible China-Australia Free Trade Agreement the move to try to bring in another bad trade agreement may spell the end of the liberal government's long run in parliament.
(Score: 3, Insightful) by c0lo on Tuesday November 14 2017, @06:39AM (1 child)
What are you sorry for? TPP negotiations started under the prev Labor govt, not your (or my for the matter) fault we have an idiotic political class.
The only ones that would not have brought us into TPP are maybe the Greens, and I don't think they'll form a govt any time soon.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2, Informative) by jb on Wednesday November 15 2017, @04:35AM
Yes, the Greens were most definitely against TPP (see Senator Hanson-Young's dissenting opinion in the JSCOT report for a good example of their position).
But they were far from "the only ones".
Senator Xenophon (NXT) famously called TPP "a dud deal". Bob Katter MP (KAP) described TPP as the greatest attack on democracy in 500 years. The Queensland Nationals pointed out that it was discriminatory. And if memory serves me correctly, Senator Lleyonhjelm (LDP) didn't care for it either.
The extreme left (Australian Communist Party) and the extreme right (One Nation) both condemned TPP -- now there's two mobs who almost never agree on anything.
Fact is, as far as Australian politics goes, it has only ever been the Labour & Liberal parties who supported TPP.
Granted, it is extremely unlikely that any government could ever be formed in Australia without including either Labour or Liberal.
The best we can hope for is that in the next parliament the balance of power will be held by NXT, KAP or LDP., since "if you ratify that treaty I'll join the Opposition in a motion of no confidence" can be one hell of a motivator...