Most Read
Most Commented
Read more like this
mk-logo
From Our Readers
No fast-track, M’sia must pull out of TPPA talks

The Consumers’ Association of Penang (CAP) urges the Malaysian government to withdraw from the Trans-Pacific Partnership Agreement (TPPA) negotiations as the US Senate had last night voted against considering fast-track authority at this time.

The US Senate was supposed to be where the Fast-Track or Trade Promotion Authority would pass easily. However the Senate voted 52-45 , short of the 60 votes needed to pave the way for debate on the ‘fast-track’ trade authority for Obama. Only one Senate Democrat, backed the measure, despite a White House campaign blitz to win Democratic support.

TPPA negotiators are scheduled to meet to try and conclude the TPPA in Guam later this week whilst the TPPA negotiating country ministers were scheduled to meet at the end of May 2015.

Fast-track authority would mean a simplified mechanism for Congress to vote on the TPPA once it was completed, and would prevent American lawmakers from amending the trade deal.

In the current situation where the US does not have fast track authority, one committee chair or a few senators in the US Congress can reopen the TPPA text after it is concluded in order to demand more concessions from TPPA countries (for example stronger intellectual property protection that would keep medicines and textbooks more expensive for longer or removal of Malaysia’s proposed safeguard for tobacco control measures) as a condition of passing the TPPA.

A number of countries, notably Japan, have said they will not make any final commitments unless the US president has fast-track authority. Before making concessions on the remaining sensitive issues in the TPPA, countries such as Canada, Chile and Japan have insisted on the US having fast track authority so that they can be more confident that they will not be asked to make further concessions, beyond their red lines for the TPPA to pass the US Congress.  

Malaysia should stop wasting precious resources by continuing to negotiate this trade agreement.  The failure of US to get fast track authority should be a signal that even the country that is supposed to benefit the most does not have sufficient support for this controversial deal.

The Malaysian and other TPPA governments should seriously consider the strong community opposition to the TPPA in all negotiating countries including the US, and should not proceed with the negotiations nor sign the agreement which is against public interest.

 


SM MOHAMED IDRIS is president, Consumers Association of Penang (CAP).

ADS