26 Jul '15, 1am

Secrecy around #TPP trade deal fuels suspicions and worries

WASHINGTON (AFP) - Higher costs for needed generic drugs. Longer copyright protections than the global standard. Foreign investors empowered to overrule governments. A more tightly-regulated Internet. Those are just some of the potential pitfalls from any deal that could emerge from the Trans-Pacific Partnership, the 12-country free-trade and investment pact shrouded in secrecy as negotiations head into the final stage in Hawaii next week. A handful of draft chapters of the TPP, leaked via Wikileaks, have highlighted the proposed treaty's heavy emphasis on expanding protections for corporate rights and assets like intellectual property - patents, copyrights and databases - that are far more valuable to advanced economy corporations than traditional cargo trade. For critics, the proposals show a deal moving more toward protection than free trade, one more about corporate be...

Full article: http://www.straitstimes.com/world/united-states/secrecy-a...

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