TPP agreement may be reached soon, or not

There’s reports that the Trans Pacific Partnership agreement may be finalised soon, although other reports say talks have stalled. There’s also suggestions that dairy may not come out of it well for New Zealand, but any improvement on trade conditions would be better than nothing.

NZ Herald: Drugs hold up TPP as talks near end:

The biggest free trade deal in a generation could be reached soon – but wrangling over next-generation drugs has held up progress.

Trade Minister Tim Groser is in Atlanta, with last hurdles in the Trans Pacific Partnership (TPP) including pharmaceutical patents and dairy import limits.

United States negotiators wanted a longer period of market exclusivity for new biological drugs, but that was resisted by Australia and other countries, who had concerns about health care costs.

More affordable versions of drugs are delayed by longer protection periods.

Trade ministers from 12 countries are negotiating the controversial pact, which would cut trade barriers and set common standards for 40 per cent of the world’s economy.

TPP talks began in 2010 but strong public opposition to the deal here centre on concerns about its impact, such as making pharmaceuticals more expensive.

If the deal is not done by tomorrow, there will be one last chance, at Apec in the Philippines in November.

Canada in particular may be happy to leave the final negotiations until after their election which will be held in two weeks (October 19).

Jane Kelsey has just been on Breakfast, looking quite bitter. She said the way the agreement is negotiated in secret is undemocratic. Perhaps all the things being discussed should be put to the New Zealand people via referendum, we’ve shown how well we do democracy with the flag debate. /sarcasm

Kelsey has campaigned strongly against the TPPA (and a number of other things).

Jane Kelsey has an MPhil from the University of Cambridge and a PhD from the University of Auckland. She has worked at the University of Auckland since 1979 and was appointed to a personal Chair in Law in 1997. At Cambridge “left-thinking Marxist scholars … taught her the political theory that … underpins her daily work”.

She is a key member of the Action Resource Education Network of Aotearoa (Arena), and is actively involved in researching and speaking out against the World Trade Organisation, the International Monetary Fund, free trade and corporate-led globalisation.

Kelsey is an outspoken critic of the Trans-Pacific Partnership free trade talks, of which New Zealand is a part.

Bill English just said on Breakfast that it isn’t that secret if dairy and drugs being the final sticking points are being widely discussed.

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2 Comments

  1. Mike C

     /  5th October 2015

    Apparently the announcement is supposed to be being made after 9am this morning.

    I will be so glad once the TPPA is all signed and sealed and delivered, because I am sick and tired of all the negativity and conspiracy theorys that has surrounded its making.

    Reply

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