Showing posts with label anzus. Show all posts
Showing posts with label anzus. Show all posts

Friday, February 5, 2016

Jane Kelsey: All pain, no gain – why not a TPP-free zone?


Café Pacific
video of the TPP protest in Auckland this week by Del Abcede/PMC


OPINION: By Professor Jane Kelsey
In New Zealand, we dared to declare ourselves nuclear-free in the 1980s – dire warnings that ditching the Anzus alliance would make us a pariah, isolated and ridiculed never came to pass. Instead, we were celebrated as a small, independent nation with the guts to decide our own future. Why can’t we do the same with the Trans-Pacific Partnership (TPP)?

The National government ignored widespread opposition from ordinary New Zealanders when it signed the secretly negotiated deal. Doubtless we’ll continue to be fed the old Anzus line that New Zealand can’t afford to not to be at the table.

National’s glitzy new “TPP fact” page is bad wine repackaged in new bottles. Here’s a few facts they don’t tell you: The projected economic gains of 0.9 per cent of GDP by 2030 are within their own margin of error, even before costs are factored in and disregarding unrealistic modelling.

More than 1600 US companies, the most litigious in the world, will gain new rights they can enforce through private offshore tribunals if/when regulation damages their value or profits.

The agreement guarantees foreign states and corporations a right of input into regulatory decisions, which Maori, trade unions, small businesses and local government would not have.

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