The Trans Pacific Partnership (TPP) trade agreement involves 12 countries: Australia, the US, Japan, Malaysia, Vietnam, Singapore, Brunei, New Zealand, Canada, Mexico, Chile and Peru.
It is the biggest trade deal in Australia’s history and it is heavily weighted to benefit the big end of town. The TPP will drive the cost of cancer drugs through the roof, increase imports and send much needed local jobs overseas, leaving many regular Australians high and dry without work.
The most controversial aspect of the TPP is the Investor-State Dispute Settlement (ISDS) provisions. These provisions essentially allow foreign investors to sue the Australian government if they don’t agree with Australian legislation.
So far, much of the negotiations have been done in secret, behind closed doors. The Greens are making sure that the TPP receives the highest level of scrutiny through a full Senate Inquiry.
This dirty deal has very little to do with trade. It is a corporate takeover of our democracy designed to set rules and regulations between member countries that suit the rich and powerful.
The Greens will continue to oppose the TPP and similar deals that are negotiated in secret, empower corporations to sue governments or that threaten Australia's labour, health and environmental laws.
Click here to tell Malcolm Turnbull to put everyday Australians before big business by rejecting the TPP!