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Thursday, January 25, 2018

Davos: “Zombie” TPP Trade Deal Threatens Our Fractured World

Davos: “Zombie” TPP Trade Deal Threatens Our Fractured World


Friends of the Earth International, the world’s largest grassroots environmental network, has warned that the Trans-Pacific Partnership (TPP) trade deal could threaten people and planet if signed and
ratified by national parliaments in March this year.
The remarks came as Canadian Prime Minister Justin Trudeau, the Australian Trade Minister and other leaders meeting at the World Economic Forum in Davos (23-26 January) celebrated the conclusion of the deal between 11  countries in Asia-Pacific.
Sam Cossar-Gilbert, Friends of the Earth International trade campaigner, said:

“It is no wonder the corporate elite at Davos are celebrating this zombie TPP deal. It enables foreign companies to sue governments in secret trade tribunals for almost any measure that harms their expected profits.”
The topic of this year’s World Economic Forum “Creating a shared future in a fractured world”.
Cossar-Gilbert added:
“The TPP threatens ‘our fractured world’ and the UN Sustainable Development Goals by undermining regulation on food safety, access to medicine, chemical use and climate change. Sadly, world leaders at Davos remain addicted to failed neoliberal policies. When leaders and trade officials leave the comfort of the Davos ski resort, environmentalists, trade unions and farmers will be there to stop the zombie TPP deal and other corporate trade deals.”

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