politics

Pacific trade ministers announce progress in Hawaii talks

16 Comments
By AUDREY McAVOY

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16 Comments
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If such a controversial deal is this hard to reach, think about the future an imagine how difficult it will be to enforce and how likely it is that many countries will end up violating the terms or eventually backtracking and pulling out. As I see it, America might succeed in strong-arming everyone to agree in the short term, but it just makes it less likely that the TPP will survive in the long run.

2 ( +2 / -0 )

If such a controversial deal is this hard to reach, think about the future an imagine how difficult it will be to enforce

True, but it will be in countries' interests to comply. If someone breaks the rules repeatedly, at the least it will result in retaliatory measures from other members. At most, the country in question could be expelled from the pact. If everyone started breaking the rules, the pact would end and everyone would lose out.

The benefits of abiding by the rules will far outweigh the reward of cheating once in a while.

0 ( +0 / -0 )

NHK just said that they failed to make a deal! I'M SO HAPPY!!! TTP=US neocolonialism. US corporations buy the world!

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"The wide-ranging discussions have addressed tariffs on autos, rice and dairy products, as well as intellectual property protections for pharmaceuticals." Addressed but not concluded, Australian minister walked out ? Seem the big corporations are the ones who are holding out , especially the pharmaceutical giants over generic drugs, Japan and America over car parts, Canada and New Zealand over butter and Dairy, I think they have a long way to go yet. On a personal note I hope it never happens.

2 ( +2 / -0 )

Gokai you need to read the story more carefully. They failed to reach a full agreement but have closed the gap significantly. Japanese trade minister said the thinks they are very close to closing a deal. The tpp will arrive whether you want it or not. JA time to change you ways

-1 ( +2 / -3 )

The benefits of abiding by the rules will far outweigh the reward of cheating once in a while.

That's assuming that countries act in a long term economically rational way. In reality, politicians are controlled by small interest groups who are looking for short term gains. If TPP remains as unpopular as it is today, I can see politicians making campaign promises to scrap TPP in order to get elected.

1 ( +1 / -0 )

The TPP is not about trade, but about the giving away the sovereignty of the United States and the individual states to fascist corporations, capitalism on steroids. Yes, the New World Order will destroy American jobs and American salaries. We have lost over 65,000 factories since NAFTA.

2 ( +2 / -0 )

Pacific trade ministers announce progress in Hawaii talks

"Progress" has different meanings, depending on one's point of view.

What is "progress" to the duck hunter is certainly NOT "progress" for the duck!

2 ( +3 / -1 )

I still don't get why supposedly Democratic Obama is pushing for the deal.

1 ( +1 / -0 )

TPP is not going to be implemented any time soon if there are no realistic trade-offs by the US, Japan, Australia et al. It is going to be strenuous efforts by the parties concerned to eventually reach an agreement. During the continuing difficult negotiations on some trade issues, the countries effected should be realistic based on mutual benefits. Obama's "Pivot to Asia" that placed strong emphasis on TPP could succeed BUT when? OR will it fizzled out? "Time waits for no man".

0 ( +0 / -0 )

Corporations will be able to sue public broadcasters, public mail, environmental regulations, anything that benefits people over corporations. Also not in a court, in a corporate tribunal. These 12 countries are resolving themselves to liquidate their sovereignty for a dollar. I'm glad some nations are sticking to their own side but it shows this was an ill fated enterprise to begin with and that you can't go too far without supporting people first.

1 ( +1 / -0 )

Im so happy qbout the TPP. I just want to see BIG tariffs of products coming from China

-1 ( +0 / -1 )

doraemonchan,

I still don't get why supposedly Democratic Obama is pushing for the deal.

Well, leader of the LDP Shinzo Abe is also pushing for it.

The LDP, by the way, is the "Liberal" "Democratic" Party!

It's probably some altogether new definition of the word "democratic."

2 ( +2 / -0 )

Welcome to The United States of Earth.

0 ( +0 / -0 )

doraemonchan

I still don't get why supposedly Democratic Obama is pushing for the deal.

Because money knows no political parties.

1 ( +2 / -1 )

actually Australia have walked away from the deal already and founding country NZ are set to leave if recalcitrant dairy countries like Canada, Japan and the US seek to continue their inefficient, protection rackets.

1 ( +1 / -0 )

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