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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsU.S., Japan agree on approach to Trans-Pacific Partnership talks
http://www.reuters.com/article/2013/02/22/us-usa-japan-abe-trade-idUSBRE91L1A920130222(Reuters) - The United States and Japan on Friday agreed on language aimed at giving Japanese Prime Minister Shinzo Abe political cover to bring the world's third-largest economy into negotiations on a U.S.-led free trade agreement in the Asia Pacific region.
In a carefully worded statement following Abe's meeting with President Barack Obama, the two countries reaffirmed that "all goods would subject to negotiation" if Japan joins the talks with the United States and 10 other countries.
At the same time, the statement leaves open a possible outcome to the Trans-Pacific Partnership, or TPP, talks where the Japan could still protect its rice sector and the United States could keep duties on Japanese autos.
"Recognizing that both countries have bilateral trade sensitivities, such as certain agricultural products for Japan and certain manufactured products for the United States, the two governments confirm that, as the final outcome will be determined during the negotiations, it is not required to make a prior commitment to unilaterally eliminate all tariffs upon joining the TPP negotiations," the statement said.
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U.S., Japan agree on approach to Trans-Pacific Partnership talks (Original Post)
xchrom
Feb 2013
OP
abelenkpe
(9,933 posts)1. Another free trade agreement?
Because those have worked out so well for workers?
snot
(10,529 posts)2. EXACTLY. This agreement has been negotiated out of sight even from Congress;
major corporate "stakeholders" are basically writing it in secret, with input only from governments' trade representatives. From the Citizens Trade Campaign:
"The Trans-Pacific Partnership (TPP) is a massive new international trade pact being pushed by the U.S. government at the behest of transnational corporations. The TPP is already being negotiated between the United States, Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam but it is also specifically intended as a docking agreement that other Pacific Rim countries would join over time, with Japan, Korea, China and others already expressing some interest. It is poised to become the largest Free Trade Agreement in the world.
"The Obama administrations embrace of the Bush-negotiated Korea, Panama and Colombia Free Trade Agreements leaves many worried that the Trans-Pacific Partnship will become nothing but a massive new NAFTA-style agreement. Indeed, while none of the negotiating text for the FTA has ever been officially released, it is already clear that trade negotiators are using past free trade agreements as their basic starting point for this one. The leaked text of several chapters, in fact, show rollbacks from the Bush years on topics like access to medicine and zero progress on investment.
"The ongoing, multi-year negotiations over the TPP are supposed to conclude this year, and as such, the window of opportunity for preventing the FTA from becoming a new NAFTA for the Pacific Rim is rapidly closing. Here are some of the questions yet to be answered:
"Labor rights: Will the Trans-Pacific Partnership FTA include labor standards based on International Labor Organization conventions, and if included, how will they be enforced?
Investment Provisions: Will the Trans-Pacific Partnership FTA include so-called investor-state provisions that allow individual corporations to challenge environmental, consumer and other public interest policies as barriers to trade?
Public Procurement: Will the Trans-Pacific Partnership FTA respect nations and communities right to set purchasing preferences that keep taxpayer dollars re-circulating in local economies?
Access to Medicines: Will the Trans-Pacific Partnership FTA allow governments to produce and/or obtain affordable, generic medications for sick people?
Agriculture: Will the Trans-Pacific Partnership FTA allow countries to ensure that farmers and farm workers are fairly compensated, while also preventing the agricultural dumping that has forced so many family farmers off their land?"
More at http://www.citizenstrade.org/ctc/trade-policies/tpp-potential-trade-policy-problems/