Skip to main content

Home/ economic crisis/ Group items tagged corporate-led

Rss Feed Group items tagged

Arabica Robusta

Major Summit Could Put World's Poorest Inhabitants on Corporate Chopping Block | Alternet - 0 views

  • Developing countries are also fighting to be permitted by WTO rules to invest in their own agricultural production and strengthen domestic food security programs that are currently permitted for rich but not developing countries, not even for Least Developed Countries (LDCs).
  • it seems that developed countries never intended to deliver on those development and agricultural reform promises, and have spent the last 14 years of the Doha Round sidelining development issues and instead working to expand the WTO’s neoliberal dictates on services, goods, agriculture and other issues. At the same time, they have taken their corporate wish lists to other forums, concluding the TPP and negotiating the TTIP, TiSA, ITA and EGA mentioned above.
  • This effort, which is the main fight in Nairobi, is even more pernicious because their goal is two-fold: abandon the development mandate, and then open up space to introduce all the new corporate issues they have been negotiating in the TPP, TTIP and other deals into the WTO, including investment, government procurement, disciplining state owned enterprises, and others. Many of these issues are not permitted to be on the agenda in the WTO while Doha is still being negotiated.
  • ...3 more annotations...
  • In their letter, civil society highlighted that success in Nairobi must mean “[f]ulfilling the development mandate by strengthening SDT for all developing countries, removing WTO obstacles to food security, and operationalizing benefits for the [LDCs].”
  • The corporate and rich country government agenda of permanently abandoning the development mandate must be forestalled, along with the imposition of a set of already-rejected or ill-defined non-trade ‘new issues’.”
  • Experts have detailed how governments won’t be able to implement many aspects of the deal, however, if agreements like the TPP, TTIP [PDF] or TiSA come into force. Much the same could be said about the WTO. Developing country unity and North-South peoples’ solidarity will be essential to a positive outcome at the WTO. Let’s make sure that the United States, the EU, Japan, Australia and others realize that the imperative of development and public interests must come before corporate profit. A good deal should be struck in Nairobi. But if not, then no deal is better than a bad deal.
Arabica Robusta

WTO Orders Sanctions Unless U.S. Cuts Consumer Labels, Disproving Obama TPP C... - 0 views

  • The massive text largely reflects the interests of the 500 official U.S. trade advisors representing corporate interests that had privileged access while the public, Congress and the press were shut out the secretive process: investor privileges that make it easier to offshore American jobs to low wage countries and retrograde terms that expose U.S. food safety, environmental, Internet freedom, health and other safeguards to attack and rollback.
  • Except the WTO just sideswiped Obama's TPP claims. Will he stand by his claim that 'no trade agreement is going to force us to change our laws? If so, Obama's Secretary of Agriculture, Tom Vilsack, did not get the memo. "Congress has got to fix this problem. They either have to repeal or modify and amend it," Vilsack said in May when the WTO issued a previous ruling on the case.
  • After previous WTO rulings, the United States has rolled back U.S. Clean Air Act regulations on gasoline cleanliness rules successfully challenged by Venezuela and Mexico and Endangered Species Act rules relating to shrimping techniques that kill sea turtles after a successful challenge by Malaysia and other nations. The U.S. also altered auto fuel efficiency (Corporate Average Fuel Economy) standards that were successfully challenged by the European Union.
  • ...1 more annotation...
  • Sadly, this ruling is not a fluke. Two weeks ago, the WTO ruled that U.S. "dolphin-safe" tuna labels, which allows consumers to choose tuna caught without dolphin-killing fishing practices, were also a "technical barrier to trade" that must be eliminated or weakened.
Arabica Robusta

It's Time To Take A Stand For Workers On TPP | PopularResistance.Org - 0 views

  • Take, for instance, labor rights. While those promoting the trade deal said it would advance workers in member nations and allow the formation of unions, the actual language in the agreement offers only false promises of progress. In fact, countries with abysmal labor standards will have to do little, if anything, to comply with the commitments of the TPP’s labor chapter. A country may have to adopt a minimum wage, but even one penny an hour would be sufficient to meet the requirements of the TPP.
  • While elected officials often use hyperbole to talk about so-called critical votes they make, this is one time they won’t be. The lives of millions of Americans will beadversely affected if those on Capitol Hill ultimately vote to approve the TPP. That’s why we and our coalition partners are speaking out forcefully against this deal. And it’s why lawmakers must side with their constituents over corporate interests when they ultimately consider the trade agreement next year.
Arabica Robusta

US wants S&D on its export credits, NO to SSM and food security - 0 views

  • The HKMD reads: "We agree to ensure the parallel elimination of all forms of export subsidies and disciplines on all export measures with equivalent effect to be completed by the end of 2013. This will be achieved in a progressive and parallel manner, to be specified in the modalities, so that a substantial part is realized by the end of the first half of the implementation period. We note emerging convergence on some elements of disciplines with respect to export credits, export credit guarantees or insurance programmes with repayment periods of 180 days and below. We agree that such programmes should be self-financing, reflecting market consistency, and that the period should be of a sufficiently short duration so as not to effectively circumvent real commercially- oriented discipline."
  • In sharp contrast to the joint proposal, the US maintained that the deadline for phasing out export subsidies must remain the same for both industrialized and developing countries. Under Article 9.4 of the Agreement on Agriculture, the developing countries are provided a longer duration as part of special and differential treatment flexibility. But the US wants to deny that flexibility and by suggesting the same time period for everyone, the US is disregarding the existing WTO provisions and the ministerial mandates, developing country agriculture negotiators maintained.
  • In a nutshell, the developed countries have resorted to an unprecedented form of cherry-picking to suit their interests by altering the existing ministerial decisions and mandates underpinning the four elements in the export competition pillar. But the same developed countries along with some developing country allies have launched a war-like effort to deny minimal credible developmental outcomes such as the permanent solution for public stockholding programs for food security and the special safeguard mechanism for developing countries, trade envoys argued.
  • ...1 more annotation...
  • At the chair's meeting on Wednesday, the US said it cannot accept even the diluted provisions for export credits in the joint proposal, according to agriculture negotiators present at the meeting. The US demands, said an agriculture negotiator, is "tantamount to special and differential treatment only for itself and a broad exemption from multilateral disciplines."
Arabica Robusta

Public Citizen Press Room - 0 views

  • “Apparently, the TPP’s proponents resorted to such extreme secrecy during negotiations because the text shows that the TPP would offshore more American jobs, lower our wages, flood us with unsafe imported food and expose our laws to attack in foreign tribunals,” said Lori Wallach, director of Public Citizen’s Global Trade Watch. “When the administration says it used the TPP to renegotiate NAFTA, few expected that meant doubling down on the worst job-killing, wage-suppressing NAFTA terms, expanding limits on food safety and rolling back past reforms on environmental standards and access to affordable drugs.”
  • “Many in Congress said they would support the TPP only if, at a minimum, it included past reforms made to trade pact intellectual property rules affecting access to affordable medicines. But the TPP rolls back that past progress by requiring new marketing exclusivities and patent term extensions, and provides pharmaceutical firms with new monopoly rights for biotech drugs, including many new and forthcoming cancer treatments,” said Peter Maybarduk, director of Public Citizen’s Access to Medicines program. “The terms in this final TPP text will contribute to preventable suffering and death abroad, and may constrain the reforms that Congress can consider to reduce Americans’ medicine prices at home.”
  • The TPP Intellectual Property Chapter would roll back the “May 2007” reforms for access to medicines. The TPP Environment Chapter would roll back the “May 2007” reforms by eliminating most of the seven Multilateral Environmental Agreements that past pacts have enforced. The TPP Investment Chapter would expand the scope of policies that can be challenged and the basis for such challenges, including for the first time ever allowing investor-state dispute settlement (ISDS) enforcement of World Trade Organization intellectual property terms and new challenges to financial regulations.
  • ...4 more annotations...
  • The TPP E-Commerce chapter wouldundermine consumer privacy protections for sensitive personal health, financial and other data when it crosses borders by exposing such policies to challenge as a violation of the TPP limits on regulation of data flows.
  • TPP “Sanitary and Phytosanitary” chapter terms would impose new limits on imported food safety relative to past pacts. This includes new challenges to U.S. border inspection systems that can be launched based on extremely subjective requirements that inspections must “limited to what is reasonable and necessary” as determine by a TPP tribunal.
  • he TPP would ban the use of capital controls and other macroprudential financial regulations used to prevent speculative bubbles and financial crises.
  • he TPP procurement chapter would offshore our tax dollars to create jobs overseas instead of at home by giving firms operating in any TPP nation equal access to many U.S. government procurement contracts, rather than us continuing to give preference to local firms to build and maintain our public libraries, parks, post offices and universities.
Arabica Robusta

Public Citizen Press Room - 0 views

  • The TPP could limit the ability of the United States and other countries to follow Europe’s path, or to protect privacy by conditioning the movement of data across borders on compliance with the host country’s privacy rules for personal information. “The memory of misuse of data and National Security Agency surveillance is so fresh, and we should be careful about giving up control of our data,” said Kilic.
Arabica Robusta

US trying to scupper Nairobi outcome on food security - 0 views

  • In the face of sharply differing views, the chair Ambassador Vitalis said he will hold bilateral consultations with members in the coming days. However, it is unlikely that the chair's efforts will yield any result because of the continued diversionary tactics adopted by the US, the EU, and other industrialized countries, said an African trade envoy.
Arabica Robusta

Analyzing the failures of Syriza « Systemic Disorder - 0 views

  • If we are serious about analyzing Syriza’s spectacular failure — including those who expected this outcome in advance — digging through the rubble is unavoidable.
  • The international Left saw hope in Syriza, and Syriza economists worked on solutions. There was much political seriousness as Syriza was seen as the last hope; that fascism might well be next given the growing menace of Golden Dawn focused minds.
  • no success in a single European country will be sustainable unless it is followed by similar successes in other countries.“Yiannis Tolios, an economist, also elected to the [Syriza] central committee, articulated the problem starkly, but with a different stress: ‘If having socialism in a single country is considered hard, having socialism in all countries at the same time is nearly impossible.’ Greece needed to forge ahead, whether the rest were ready or not, but it was perilous path.” [page 59]
  • ...3 more annotations...
  • Greeks responded by heavily voting “no” to further austerity. The Syriza government then did a remarkable about-face. Eight days later, Prime Minister Tsipras signed an agreement even more unfavorable that what had been demanded by the troika. More than half of Syriza’s central committee signed an opposition letter and most Syriza members were furious. This was ignored.
  • You cannot build a left when you trash the very basis of our beliefs. It came from a mix of blatant opportunism, genuine confusion, psychological distress, and postmodernist sophistry.
  • That this is a “you are there” document from a personalized standpoint does not at all mean that The Syriza Wave is anything other than a serious political analysis. The work could have been strengthened in two ways: one, a deeper discussion of the economic issues, including the ramifications of staying in (or exiting) the eurozone, and, two, a discussion of how virtually every euro of the troika loans are going to creditors and banks rather than to the Greek people, a topic barely mentioned in passing only once. These are topics that would have added to the narrative.
1 - 16 of 16
Showing 20 items per page