11/13/13

Permalink TPP Uncovered: WikiLeaks releases draft of highly-secretive multi-national trade deal

Details of a highly secretive, multi-national trade agreement in the works have been published by WikiLeaks, and the whistleblower group’s founder warns there will be vast implications for much of the modern world if the contract is approved. Details of a highly secretive, multi-national trade agreement long in works has been published by WikiLeaks, and critics say there will be major repercussions for much of the modern world if its approved in this incarnation. The anti-secrecy group published on Wednesday a 95-page excerpt taken from a recent draft of the Trans-Pacific Partnership, or TPP, a NAFTA-like agreement that is expected to encompass nations representing more than 40 percent of the world’s gross domestic product when it is finally approved: the United States, Japan, Mexico, Canada, Australia, Malaysia, Chile, Singapore, Peru, Vietnam, New Zealand and Brunei. US President Barack Obama and counterparts from 11 other prospective member states have been hammering out the free trade agreement in utmost secrecy for years now, the result of which, according to the White House, would rekindle the economies of all of those involved, including many countries considered to still be emerging.

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