TPP RENAMED TO COMPREHENSIVE AND PROGRESSIVE
STILL NOT PROGRESSIVE
On November 11th, the TPP-11 countries announced reforms that have been negotiated since the United States exited the deal. The most evident one is its new name which is meant to appease world-wide criticism as one of the worst trade deals for the people ever negotiated. They now want to call it the ‘Comprehensive and Progressive Trans-Pacific Partnership’ or CPTPP.
We are well aware of how world leaders are intentionally trying to avoid easy to remember acronyms due to the brand-busting campaigns that have caused the global opposition to corporate trade deals. Re-branding it as a progressive deal cannot hide what remains behind the deal, such as the ISDS.
An official announcement declared that “Ministers are pleased to announce that they have agreed on the core elements of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.” This…