The Trans Pacific Trade Deal Stumbled. Now Is the Time to Walk Away
Summary
Friends of the Earth International argues that the failure of Trans Pacific Partnership (TPP) negotiations in Hawaii provides an opportunity for governments to abandon the deal, which the organization claims threatens public health, democracy, and the environment.
Key insights
- The Trans Pacific Partnership (TPP) negotiations involving 12 countries, representing 40% of the global economy, have stalled due to disagreements regarding pharmaceutical patents, agricultural market access, and the ability of corporations to sue governments over public policy.
- The TPP is criticized for its lack of transparency, with negotiations being conducted in secret and information primarily reaching the public through whistleblower leaks.
- Friends of the Earth International asserts that the TPP's environment chapter is weak, non-binding, and inadequate, potentially undermining regulations on climate change, chemical use, food safety, and genetic modification.
- The agreement is seen as a threat to the climate because it protects 'free trade' in dirty energy products like tar sands oil, which the author claims will increase exports of oil, gas, and coal and fuel global warming.
- The TPP would utilize the Investor State Dispute Settlement (ISDS) mechanism, allowing foreign corporations to sue governments for environmental protections. The document cites a case where Canadian company Gabriel Resources sought arbitration against Romania to prevent a gold mine that would have destroyed four mountains.
Cite the original document
- APA
- admin (2015). The Trans Pacific Trade Deal Stumbled. Now Is the Time to Walk Away. Friends of the Earth International. https://www.foei.org/the-trans-pacific-trade-deal-stumbled-now-is-the-time-to-walk-away/
- Chicago
- admin. The Trans Pacific Trade Deal Stumbled. Now Is the Time to Walk Away. Friends of the Earth International, 2015. https://www.foei.org/the-trans-pacific-trade-deal-stumbled-now-is-the-time-to-walk-away/.
- Wikipedia
- {{cite press release |last1=admin |title=The Trans Pacific Trade Deal Stumbled. Now Is the Time to Walk Away |publisher=Friends of the Earth International |date=5 August 2015 |url=https://www.foei.org/the-trans-pacific-trade-deal-stumbled-now-is-the-time-to-walk-away/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2015trans, author = {admin}, title = {{The Trans Pacific Trade Deal Stumbled. Now Is the Time to Walk Away}}, publisher = {Friends of the Earth International}, year = {2015}, month = aug, url = {https://www.foei.org/the-trans-pacific-trade-deal-stumbled-now-is-the-time-to-walk-away/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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