Category: Uncategorized

TPP won’t improve US Security

The case for the TPP being made in the US now rests on the national security argument – if the US doesn’t get TPP, China will lead on setting trade rules, and this will be a security threat to the US. The argument doesn’t stack up according to influential Washington insider, Clyde Prestowitz. If the combination of the American military presence and their trade surpluses with the United States weren’t enough to mollify Asian leaders, no free trade deal would significantly change the situation. Clyde Prestowitz was the  founder and president of the Economic Strategy Institute, served in the Commerce...

Read More

A group of leading Australian economists have criticised recent free trade deals and argue that their benefits have been overstated. This echoes criticism of MFAT’s reliance on speculative modelling. Without their misleading assumptions, the analysis would have shown net costs for the New Zealand economy. http://www.theaustralian.com.au/national-affairs/foreign-affairs/top-economists-say-government-claims-mythical-trade-deal-benefits/news-story/9dbc2e7a72bdba398ae86066085f7f9d  ...

Read More

Evergreening clause dropped after stiff opposition from India

The Daily Excelsior reports that provisions relating to the evergreening of patents have been dropped from RCEP negotiations after stiff opposition from India. ‘Evergreening’ involves making extremely minor changes to a patented product as a product expires, triggering a new period of patent protection: “It may be noted that some RCEP countries had tried to introduce a clause in favour of evergreening of patents, which was dropped after stiff opposition from India,” Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok...

Read More

Asia Pacific civil society rejects investor rights to sue governments in RCEP negotiations

MEDIA RELEASE It’s Our Future Asia Pacific civil society rejects investor rights to sue governments in RCEP negotiations As Trade Ministers, including New Zealand’s Todd McClay, meet in Laos today (5th August), an unprecedented alliance of 95 civil society groups are calling for the Regional Comprehensive Economic Partnership (RCEP) to exclude extreme forms of investor rights. Civil society groups from New Zealand, Australia, ASEAN countries, India, Japan and South Korea today issued a call to Trade Ministers meeting in Laos to reject proposals for Investor State Dispute Settlement (ISDS) provisions in the RCEP treaty being negotiated by 16 countries....

Read More

Report on RCEP negotiations

Auckland RCEP Consultations 14-17 June The thirteenth round of consultations were held in Auckland from the 12-18 June. Parallel meetings were held by the Working Groups on Trade in Goods and Trade in Services including their respective Sub-Working Groups, as well as the Working Groups on Investment, Economic and Technical Cooperation, Intellectual Property, Competition, e-Commerce, and Legal and Institutional Issues. Expert consultations on Trade Remedies and Government Procurement continued. On Tuesday 14 June a ‘stakeholder’ event was held which enabled public registration and attendance. The details were organised very late, which made it difficult for people to assess whether...

Read More