This important press release on the Trans Pacific Partnership deserves to be a post, because:
2# In any dispute between foreign investors and the state the TPP will allow foreign multinationals to sue the New Zealand government for any restrictions placed on foreign investment.
3# John Key claimed in a November interview,(despite being the Prime Minister) that he was “not aware” of this.
4# Because the TPP is being negotiated in secret behind closed doors, with minimal publicity, most New Zealanders aren’t aware of it either.
5# Apart from the Greens who oppose this treaty, all the other parliamentary parties either support it, (National, Act) or will not be drawn on their position, (Labour, Maori Party).
6# John Key’s promise that his proposed privatisation of publicly owned assets will be limited to a minority share and would go to Kiwis first, will actually be illegal under the TPP.
[Eddie: just my two cents. I support multi-lateralism when it’s not just about trade but extending common values and democratic control over international capital. The EU is the best example – trade plus shared laws, environmental standards, human rights, with an elected Parliament. But the TPP is all about unfettering the multi-national corporations even more from democratic control]