Text of TPP Is Here. So Is Disappointment
November 06, 2015
The administration on Thursday released the text of the notorious international trade deal Trans-Pacific Partnership (TPP), and we are disappointed.
“From what we have reviewed so far, we are deeply disappointed that our policy recommendations and those of our trade reform allies in the environmental, consumer, public health, global development, and business sectors were largely ignored,” AFL-CIO President Richard Trumka said in a statement. “The investment rules still provide expansive new legal rights and powers to foreign businesses to challenge legitimate government actions, the labor enforcement provisions are still inadequate to address the enormous challenges posed by this deal, and the lack of enforceable currency rules subject to trade sanctions mean the promised new export markets may never materialize."
Read Trunka's entire statement here.
