TISA
IMPOSING
CORPORATE WISH LISTS
by UNDEMOCRATIC MEANS
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SUMMARY
SUMMARY from SOURCE
https://systemicdisorder.wordpress.com/2017/02/08/TiSA-worse-than-tpp/
TITLE
TPP is not dead:
It’s now called the Trade In Services Agreement (TiSA)
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Trans-Pacific Partnership
or the so-called “free trade” regime
is NOT buried
countries involved in negotiating the TPP
ARE seeking to find ways to RESURRECT it in NEW FORM
TPP
remains alive in a NEW FORM
with EVEN WORSE RULES
Trade In Services Agreement,
even more secret than the Trans-Pacific Partnership
And more dangerous
Trade In Services Agreement (TiSA)
being negotiated among 50 countries
to:
-- prohibit regulations on the financial industry
-- eliminate laws to safeguard online or digital privacy
-- render illegal any “buy local” rules at any level of government
-- effectively dismantle public advantages derived from state-owned enterprises
-- eliminate net neutrality
TiSA negotiations began in April 2013
/ gone through 21 rounds
we only know what’s in it because of leaks:
1. earlier ones published by WikiLeaks
2. new cache published January 29 by Bilaterals.org
Earlier draft versions of TiSA’s language would PROHIBIT any restrictions on:
-- the size, expansion (or entry) of FINANCIAL companies
-- ban on new REGULATIONS
-- incl. a specific ban on any law that separates COMMERCIAL and INVESTMENT banking
-- ie. equivalent of the U.S. Glass-Steagall Act
it would BAN restrictions on:
-- transfer of any data collected (incl. across borders);
-- placing social security systems at risk of privatization or elimination;
-- ending Internet privacy and net neutrality;
TiSA is the backup plan in event of failure to implement:
-- Trans-Pacific Partnership (TPP)
-- Transatlantic Trade and Investment Partnership (TTIP)
Parties to reconvene 2017, according to Australian govt statement
however:
governmental trade offices negotiating TiSA have not announced the next negotiating date
~ potentially as a precaution [circumvention], in effort to avoid the spotlight on FREE TRADE that derailed TPP
Cover story for why TiSA is being negotiated is that it would uphold the right to hire the accountant or engineer of your choice
- in reality is intended to enable:
- the FINANCIAL industry
- and INTERNET companies
- to run roughshod over countries around the WORLD
LIBERALISATION 'PROFESSIONAL SERVICES' > MANUFACTURING
“liberalization” of PROFESSIONAL services is being promoted
-- DEFINITION of “services” is being EXPANDED in order to stretch the category to encompass MANUFACTURING
Deborah James
Centre for Economy and Policy Research
re: scope of this proposal:
“Corporations no longer consider setting up a plant and producing goods to be simply ‘manufacturing goods.’
activity is now is BROKEN DOWN into:
-- research and development services
-- design services
-- legal services
-- real estate services
-- architecture services
-- engineering services
-- construction services
-- energy services
-- employment contracting services
-- consulting services
-- manufacturing services
-- adult education services
-- payroll services
-- maintenance services
-- refuse disposal services
-- warehousing services
-- data management services
-- telecommunications services
-- audiovisual services
-- banking services
-- accounting services
-- insurance services
-- transportation services
-- distribution services
-- marketing services
-- retail services
-- postal and expedited delivery services
-- and after-sales servicing
-- [plus more]
WORLD'S governments,
on behalf of multi-national CAPITAL
are DENYING the public INFORMATION
-- many have neglected to update their official pages re TiSA in MONTHS
Following are negotiating TiSA:
-- European Union (on behalf of its 28 member countries)
-- United States
-- Canada
-- Mexico
-- Australia
-- New Zealand
-- Japan
-- South Korea
-- Taiwan
-- Chile
-- Colombia
-- Peru
-- Norway
-- Switzerland
-- Pakistan and Turkey
New TRUMP admin is SILENT re TiSA
USA - Office of the U.S. Trade Representative web site still says:
“TiSA is part of
the Obama Administration’s ongoing effort
to create economic opportunity for U.S. workers and businesses by expanding trade opportunities.”
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President Donald Trump
is NOT against “free trade” deals
Trump: claims he can do it better
-- issued blustery calls for “fair deals”
-- braggadocio puffing up Donald Trump’s supposed negotiating prowess
typical White House passage:
“To carry out his strategy, the President is appointing the toughest and smartest to his trade team, ensuring that Americans have the best negotiators possible. For too long, trade deals have been negotiated by, and for, members of the Washington establishment.”
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DENIAL of INFORMATION typical of the TiSA negotiators
-- made good progress in working towards ...
-- finding pathways towards solving ... outstanding issues
-- conducted a stocktaking session to assess ... progress
-- agreed to a comprehensive stocktake of the negotiations
in addition to:
discredited, boilerplate public-relations puffery, offered by various government trade offices
one hint that TiSA negotiations are experiencing difficulty
U.S. Congressional Research Service report (January 3, 2017)
" ... U.S. position
under a new administration is unclear,
the parties canceled the planned December 2016 meeting ...
but ... meeting to determine ... to move forward in 2017"
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M.U.B.A.
MAKE UNRESTRICTED BANKING AGAIN
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TRUMP admin
moving quickly to ELIMINATE:
Tepid
DODD-FRANK ACT financial-industry reforms
TiSA’s provisions to dismantle financial regulation globally would not be a problem at all
THAT talks are not progressing at the present
-- does not mean the world can relax
-- it took years of cross-border organizing & popular education to stop the TPP
-- this effort will have to replicated if TiSA is to be HALTED
Bilaterals.org
COMMENTARY accompanying publication of several TiSA chapters stresses
-- Trans-Pacific Partnership, despite its apparent defeat
-- is being used as the MODEL for the: Trade In Services Agreement
-- thus risk of the TPP becoming the “new norm”
“Several proposed texts from the failed Trans-Pacific Partnership (TPP) agreement have been transferred to TiSA — incl. ...
-- STATE-owned enterprises
-- rights to hold data OFFSHORE (incl. financial data)
-- e-commerce
-- prohibitions on PERFORMANCE requirements for foreign investors
TiSA
-- texts originated with the United States
-- supported by other parties to the TPP / even governments
-- reluctant to agree to same in the TPP
-- no longer bound by TPP
suggests the TPP may become the new norm
DESPITE only having been ratified in two of the 12 countries
-- done on the basis of U.S. participation that no longer applies
-- TPP cannot be allowed to become
-- the new ‘default’ position for these flawed agreements”
1. most extreme measures have been dropped (at least for now)
2. much of the text is not agreed
Bilaterals.org reports:
-- effectiveness of opposition to TiSA
-- has led governments to conclude they CANNOT SELL
some of the more extreme proposals
-- thus dropped from previous leaked texts
BUT
-- fetters on the rights and responsibilities of governments
to REGULATE in the INTERESTS of citizens
-- would still go FURTHER than ANY single other agreement
-- no improvements on:
-- inadequate protections for HEALTH
-- inadequate protections for ENVIRONMENT
-- inadequate protections for PRIVACY
-- inadequate protections for WORKERS
-- inadequate protections for HUMAN RIGHTS
-- inadequate protections for ECONOMIC DEVELOPMENT
NOTHING to prevent DEVELOPING countries
-- becoming even more vulnerable and dependent
-- in an already unequal and unfair global economy
TiSA
would PROHIBIT developing countries
-- from adopting MEASURES that countries like the United States
-- used to facilitate industrial development (19th century)
Sanya Reid Smith
Third World Network
international coalition specializing in development issues
in an analysis for WikiLeaks:
“[T]he proposals in this text RESTRICT the ability of developing countries to USE the development paths taken by many of the developed TiSA countries ...
-- developed countries ‘kicking away the ladder’ after they have climbed up
-- to prevent developing countries from developing the same way
-- in TiSA, the USA is proposing restrictions on host countries
-- being able to require senior managers be CITIZENS of the host country
-- BUT as capital importer, the USA had the OPPOSITE law:
-- 1885 USA contract labour law PROHIBITED the import of foreign workers
-- USA required senior managers (and all other staff) be Americans
-- ie. increasing the chances of skills being passed to locals
TiSA
-- proposals are more extreme than language in existing bilateral trade agreements
-- many of TiSA’s provisions are lifted from TPP
-- some go beyond TiSA’s already extreme proposals
-- eg. the ENTIRE ELIMINATION of REGULATIONS of ANY kind against the FINANCIAL INDUSTRY
- Article 14 of TiSA’s annex on financial services:
- had contained the most explicit language prohibiting regulation (removed)
- Article 9 of TiSA’s annex on financial services:
- still contains language requiring NO LIMITATIONS beyond those applying to DOMESTIC financial firms
- a smaller country
-- would be required to allow a giant bank from a bigger country
-- to TAKE OVER ITS ENTIRE BANKING SYSTEM
REGULATIONS against financial derivatives YET to be invented would be ILLEGAL
Public Citizen
analysis:
“TiSA would require governments to allow any new financial products and services — including ones not yet invented — to be sold within their territories.
The TiSA Annex on Financial Services clearly states that TiSA governments ‘shall permit’ foreign-owned firms to introduce any new financial product or service, so long as it does not require a new law or a change to an existing law.”
- Article 21 of TiSA’s annex on financial services:
- requires that any government that offers financial products through its postal service
- LESSEN the QUALITY of its products
- so that those are NO better than what PRIVATE CORPORATIONS offer
CAUSE FOR ALARM
Article 1 of the financial-services annex states:
-- activities forming part of a statutory system of social security or public retirement plans
-- are specifically covered by TiSA
-- as are
- activities conducted by a CENTRAL BANK or monetary authority
- or by ANY OTHER PUBLIC ENTITY in pursuit of monetary or exchange-rate policies
CAUSE FOR ALARM
-- social security or other public retirement systems are covered
-- & could be judged to be “illegally competing” with PRIVATE financial enterprises
CAUSE FOR ALARM
-- central banks could be CONSTRAINED from actions to shore up economies (during a future financial crisis)
-- if banks decide such measures “constrain” their massive PROFITEERING off the crisis
CAUSE FOR ALARM
Article 10 of the annex:
-- continues to explicitly ban restrictions on the transfer of information
-- in “electronic or other form”
-- of any “financial service supplier”
ie.
DATA TRANSFER OFF-SHORE / PRIVACY LAWS NULL & VOID
-- EU laws guarding privacy
-- that stop US-based Internet companies from taking data outside the EU
-- to circumvent such privacy laws would be null and void
-- laws instituting privacy protections > would be PROHIBITED BEFORE they could be enacted
CAUSE FOR ALARM
-- if enacted, could also provide a boon to companies like Uber
-- whose MO is to CIRCUMVENT LOCAL LAWS
Bilaterals.org analysis:
“The main thrust of TiSA comes through ...
-- e-commerce
-- telecommunications
-- financial services
-- localisation rules
-- commitments to allow UNFETTERED cross-border supply of services
COLLECTIVELY WOULD EMPOWER
-- global platforms who hold big data, like Google, without effective privacy protections
-- tech companies like Uber
who have become notorious for evading national regulation
- paying minimal tax
- exploiting so-called self-employed workers
TiSA simply fuel to the bonfire re: backlash against global deals for global corporations
language of TiSA, like all “free trade” agreements
-- dry and legalistic
-- HOW these rules are interpreted is what ultimately matters
-- TiSA requires:
- arbitration by judges possessing “requisite knowledge”
ie. the usual lineup of corporate lawyers
WHO REPRESENT CORPORATIONS in these TRIBUNALS
will switch hats to sit in JUDGEMENT
TRIBUNALS used to settle these “investor-state disputes”
-- are held in SECRET
-- with no ACCOUNTABILITY
-- wiht no APPEAL
INTENTION of “free trade” agreements is to elevate corporations to the level of governments
however, they raise corporations ABOVE the level of governments
1. only INVESTORS can sue
2. governments CANNOT sue
3. individuals/public CANNOT sue
4. INVESTORS can sue governments to overturn any law or regulation / they claim will hurt PROFITS
5. INVESTORS can sue governments to overturn any law or regulation / they claim will hurt POTENTIAL FUTURE PROFITS
6. government (TAXPAYERS)
- ordinarily has to pay MILLIONS of dollars in COSTS
- even in rare instances when they win one of these cases
each “free trade” agreement has a key provision elevating corporations above governments
-- codifies the “equal treatment” of business interests in accordance with INTERNATIONAL LAW
-- enables corporations to SUE over ANY regulation or other government act that violates “investor rights”
-- ie. any REGULATION or LAW that may PREVENT the corporation from extracting the MAXIMUM possible PROFIT
thus:
-- taxation and regulation constitute “indirect expropriation”
!! mandating COMPENSATION !!
-- reduction in the VALUE of an asset is sufficient to establish EXPROPRIATION
(rather than a physical taking of property as required under customary law)
!! mandating COMPENSATION !!
TRIBUNAL DECISIONS
-- become PRECEDENTS for further EXPANSIONS of INVESTOR “rights”
-- thus constitute the “evolving standard of investor rights”
-- required under “free trade” agreements
-- TiSA contains the usual passages requiring “equal treatment”
I M P O S I N G
CORPORATE WISH LISTS
by: UNDEMOCRATIC MEANS
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!! “free trade” deals ... much to do with IMPOSING CORPORATE WISH LISTS through UNDEMOCRATIC means !!
-- elimination of any meaningful regulations for:
-- labour
-- safety
-- health
-- environment
TiSA is another route to imposing MORE of this agenda
Working people around the world scored a major victory in stopping the TPP, at least in its current form.
Capital never rests; nor can we.
Here we have class warfare in naked fashion ...
THERE IS NO DOUBT on which side the capitalist world’s governments lie
SUMMARY from SOURCE
https://systemicdisorder.wordpress.com/2017/02/08/TiSA-worse-than-tpp/
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That was a very good article from Systemic Disorder
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