Pacific Rim trade ministers fail to clinch TTP deal

[unhappycamper]

http://www.dw.com/en/pacific-rim-trade-ministers-fail-to-clinch-ttp-deal/a-18621337

Delegates from a dozen Pacific Rim nations have failed to reach a deal on a new trade agreement. But negotiators said "significant progress" had been made, and that a final pact was within reach.

Pacific Rim trade ministers fail to clinch TTP deal
01.08.2015

Negotiators on the so-called "Trans-Pacific Partnership" (TPP) fell short of concluding a final deal after several days of talks in Hawaii ended on Friday.

The failure to reach agreement is being seen as a blow to US President Barack Obama, as the deal has been vaunted as an important part of the US administration's "pivot to Asia" in a bid to counterbalance China's influence in the region.

The Hawaii talks had been billed as the last chance to reach a deal before 2016 elections that could see the pact become campaign fodder.

~snip~

Drugs, milk, cars

Sticking points were said to have included differences over protecting regional food specialties, the auto trade, and protection for drug makers.

[djean111]

1. Oh, palms will be greased and the corporations will have their way -

Sticking points were said to have included differences over protecting regional food specialties, the auto trade, and protection for drug makers.

It would be a lot more honest if the TPP just said "Fuck you people. Just STFU." Save a lot of condescending and disingenuous bullshit about "trade". We already have "trade". What we did not have is Corporate Governance. Now we will.