TPP:
Govt has done 'spin job' - Kelsey
The just-published text of the Trans-Pacific Partnership shows New Zealanders will lose out, according to Professor Jane Kelsey who has been a leading critic of the deal.
6
November, 2015
The
government released the legal
text of
the Trans-Pacific Partnership on behalf of the deal's 12 member
countries last night.
The
government has said the trade agreement will boost New Zealand's
economy by $2.7 billion a year by 2030 but, until now, the public has
been kept in the dark as to what the agreement entailed.
Listen
to Jane Kelsey on Morning Report ( 5 min 52 sec )
But
Prof Kelsey said the government had been doing a "pretty good
spin job" having read the text.
She
told Morning Report most of the concerns raised over
the last five years remained, in particular in relation to foreign
investors and their rights to sue the government.
"There's
a real legitimacy crisis about these offshore tribunals because the
judges, in inverted commas, are actually practising investment
lawyers in many cases, and there are still no effective conflict of
interest rules in the text as it's been released."
However
Prof Kelsey said there was still a long way to go before anything was
finalised.
"There
will be also be a lot of pressure on parties like the Labour Party to
understand that their five bottom lines haven't in fact been met in
this text.
"And
that they need to take a strong position in saying that they don't
agree with the Trans-Pacific Partnership Agreement now that they've
seen the details."
She
said it would probably be at least two years before New Zealand
signed off and further delays could yet come from the US.
"We
have an additional prospect that the US will come back and say it
won't bring the agreement into force with New Zealand until New
Zealand has changed our laws and policies to the US understanding of
what's required."
Lori
Wallach of the Washington-based advocacy group Public Citizen
told Morning Report the text showed New Zealand had
made a lot of sacrifices for little return.
"The
balance of really having gotten not much of anything as far as market
access and dairy, and having exposed your programmes that make your
medicine more affordable or that have superior privacy protections,
or better internet freedom rules than we have in the US."
The
agreement has 30 chapters and associated annexes and over 6000 pages
of text.
Trade
Minister Tim Groser released a statement on Thursday evening
including a link to the text.
He
said he was pleased the public would now finally be able to
thoroughly review the full text of the TPP before it was signed by
governments.
Work
on the legal verification of the text would continue in coming weeks,
he said.
"Understanding
the legal obligations of the TPP will require careful analysis of all
documents, given the inter-relationship between many provisions in
the agreement."
The
government has also released extra information on the estimated
economic benefits of the TPP for New Zealand, Mr Groser said.
It
will put out a legal summary of the agreement when that work is
completed.
The
agreement's 12 member countries are: Australia, Brunei, Canada,
Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US
and Vietnam.
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