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Wednesday, May 4, 2016

Economic security

NATO on trade, in Europe and Asia, is doomed


Stop the TPPThe President of the United States (POTUS) is desperate. Exhibit A: His Op-Ed defending the Asian face -- the Trans-Pacific Partnership (TPP) -- of a wide-ranging, twin-headed NATO-on-trade "pivoting."
The European face is of course the Transatlantic Trade and Investment Partnership (TTIP).
POTUS frames TPP -- as well as TTIP -- in terms of a benign expansion of US exports, and private (US) firms having "a fair shot at competing against state-owned enterprises." "Fair"? Not really. Let's see how the mechanism works, focusing on TPP's European twin.
With impeccable timing, almost simultaneously to Obama's Op-Ed, Greenpeace Netherlands leaked248 pages of classified TTIP documents that were to be re-discussed last week by negotiators in New York. There have been no less than 13 rounds of TTIP negotiations so far, over nearly three years.

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