Peter Dolack hit the nail on the head when he wrote,
"...The intention of "free trade" agreements is to elevate
corporations to the level of governments. In reality, they raise
corporations above the level of governments because only "investors"
can sue; governments and people can't."
This has been my contention for some time. No longer will our
grandchildren sing, God Bless America..." Instead it will be, "God
Bless Standard Oil...", or some other corporate state to which we owe
allegiance.
Carl Jarvis
On 2/11/17, Miriam Vieni <miriamvieni@optonline.net> wrote:
>
>
>
>
>
>
> TPP Is Not Dead: It's Now Called Trade In Services Agreement
>
>
>
> By Peter Dolack,
> <https://systemicdisorder.wordpress.com/2017/02/08/tisa-worse-than-tpp/>
> www.systemicdisorder.wordpress.com
> February 10th, 2017
>
>
> <https://popularresistance.org/tpp-is-not-dead-its-now-called-trade-in-servi
> ces-agreement/>
>
> Above Photo: by Annette Dubois
>
> One can hear the cry ringing through the boardrooms of capital: "Free trade
> is dead! Long live free trade!"
>
> Think the ideas behind the Trans-Pacific Partnership or the so-called "free
> trade" regime are buried? Sadly, no. Definitely, no. Some of the countries
> involved in negotiating the TPP seeking to find ways to resurrect it in
> some
> new form - but that isn't the most distressing news. What's worse is the
> TPP
> remains alive in a new form with even worse rules. Meet the Trade In
> Services Agreement, even more secret than the Trans-Pacific Partnership.
> And
> more dangerous.
>
> The Trade In Services Agreement (TISA), currently being negotiated among 50
> countries, if passed would 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 any
> public advantages to be derived from state-owned enterprises and eliminate
> net neutrality.
>
> TISA negotiations began in April 2013 and have gone through 21 rounds.
> Silence has been the rule for these talks, and we only know what's in it
> because of leaks, earlier ones published by WikiLeaks and now a new
> <http://www.bilaterals.org/?+-tisa-+> cache published January 29 by
> Bilaterals.org.
>
> Earlier draft versions of TISA's language would
> <https://systemicdisorder.wordpress.com/2016/06/08/no-regulation-trade-in-se
> rvices-agreement/> prohibit any restrictions on the size, expansion or
> entry
> of financial companies and a ban on new regulations, including a specific
> ban on any law that separates commercial and investment banking, such as
> the
> equivalent of the U.S. Glass-Steagall Act. It would also ban any
> restrictions on the transfer of any data collected, including across
> borders; place social security systems at risk of privatization or
> elimination; and put an
> <https://systemicdisorder.wordpress.com/2014/12/24/tisa-censorship-no-privac
> y/> end to Internet privacy and net neutrality. It hasn't gotten any more
> acceptable.
>
> TISA is the backup plan in case
> <https://systemicdisorder.wordpress.com/2015/11/11/why-tpp-text-is-secret/>
> the TPP and the
> <https://systemicdisorder.wordpress.com/2016/05/04/goodbye-democracy-transat
> lantic-partnership/> Transatlantic Trade and Investment Partnership don't
> come to fruition. Perhaps fearful that the recent spotlight put on "free
> trade" deals might derail TISA as it derailed TPP, the governmental trade
> offices negotiating it have not announced the next negotiating date. The
> closest toward any meaningful information found was the Australian
> government's
> <http://dfat.gov.au/trade/agreements/trade-in-services-agreement/news/Pages/
> news.aspx> bland statement that the "Parties agreed to reconvene in 2017."
>
> The cover story for why TISA is being negotiated is that it would uphold
> the
> right to hire the accountant or engineer of your choice, but in reality is
> intended to enable the financial industry and Internet companies to run
> roughshod over countries around the world. And while "liberalization" of
> professional services is being promoted, the definition of "services" is
> being expanded in order to stretch the category to encompass manufacturing.
> Deborah James of the Center for Economy and Policy Research
> <https://popularresistance.org/there-is-still-one-big-corporate-trade-deal-t
> hat-must-be-stopped/> laid out the breathtaking scope of this proposal:
>
> "Corporations no longer consider setting up a plant and producing goods to
> be simply 'manufacturing goods.' This 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,
> to name a few. Going further, a shoe or watch that measures steps or sleep
> could be a fitness monitoring service, not a good. A driverless car could
> be
> a transport service, not an automobile. Google and Facebook could be
> information services and communication services, respectively."
>
> Why is it you are kept in the dark?
>
> Before we get to the details of the text itself, let's take a quick look at
> how the world's governments, on behalf of multi-national capital, are
> letting their citizens know what they are up to. Or, to be more accurate,
> what they are not telling you. Many governments have not bothered to update
> their official pages extolling TISA in months.
>
> The European Union is negotiating TISA on behalf of its 28 member
> countries,
> along with, among others, the United States, Canada, Mexico, Australia, New
> Zealand, Japan, South Korea, Taiwan, Chile, Colombia, Peru, Norway,
> Switzerland, Pakistan and Turkey.
>
> In the United States, the new Trump administration has yet to say a word
> about it. The Office of the U.S. Trade Representative web site's
> <https://ustr.gov/TiSA> page on TISA 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." Uh-huh. President
> Donald Trump is
> <http://www.leftvoice.org/Free-Trade-Agreements-and-the-Dynamics-of-Capitali
> sm> not against "free trade" deals; he simply claims he can do it better.
> The Trump administration has issued blustery calls for "fair deals" and
> braggadocio puffing up Donald Trump's supposed negotiating prowess. A
> typical <https://www.whitehouse.gov/trade-deals-working-all-americans>
> White House passage reads, "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."
>
> More typical of the TISA negotiators is
> <http://trade.ec.europa.eu/doclib/docs/2016/november/tradoc_155095.pdf> the
> latest report from the European Commission, which summarized the latest
> round, held last November, this way: "Parties made good progress in working
> towards an agreed text and finding pathways towards solving the most
> controversial outstanding issues at both Chief Negotiators and Heads of
> Delegation levels." The Canadian government's
> <http://www.international.gc.ca/trade-agreements-accords-commerciaux/topics-
> domaines/services/tisa-acs.aspx?lang=eng> last update is from last June and
> declares "Parties conducted a stocktaking session to assess the level of
> progress on all issues."
>
> Traveling across the Pacific brings no more useful information. Australia's
> government offers this
> <http://dfat.gov.au/trade/agreements/trade-in-services-agreement/news/Pages/
> news.aspx> information-free update: "Parties agreed to a comprehensive
> stocktake of the negotiations, identifying progress made and areas which
> require ongoing technical work." New Zealand's government can't even be
> bothered to provide updates, instead offering only discredited, boilerplate
> <https://www.mfat.govt.nz/en/trade/free-trade-agreements/agreements-under-ne
> gotiation/tisa/> public-relations puffery similar to other trade offices.
>
> The one hint that TISA negotiations are experiencing difficulty that could
> be found through an extensive online search is this passage in a U.S.
> <https://fas.org/sgp/crs/misc/R44354.pdf> Congressional Research Service
> report dated January 3, 2017: "Recognizing that outstanding issues remain
> and the U.S. position under a new administration is unclear, the parties
> canceled the planned December 2016 meeting but are meeting to determine how
> best to move forward in 2017." Given that the new administration is moving
> as fast as possible to eliminate the tepid Dodd-Frank Act
> financial-industry
> reforms, it would seem TISA's provisions to dismantle financial regulation
> globally would not be a problem at all.
>
> But that these talks are not progressing at the present time does not mean
> the world can relax. It took years of cross-border organizing and popular
> education to stop the TPP, and this effort will have to replicated if TISA
> is to be halted.
>
> The details are the devils already known
>
> Commentary accompanying Bilaterals.org's publication of several TISA
> chapters stresses that the Trans-Pacific Partnership, despite its apparent
> defeat, is nonetheless
> <http://www.bilaterals.org/?amidst-political-uncertainty-new> being used as
> the model for the Trade In Services Agreement. Thus we are at risk of the
> TPP becoming the "new norm":
>
> "Several proposed texts from the failed Trans-Pacific Partnership (TPP)
> agreement have been transferred to TiSA - including state-owned
> enterprises;
> rights to hold data offshore (including financial data); e-commerce; and
> prohibitions on performance requirements for foreign investors. While these
> texts originated with the United States, they appear to be supported by
> other parties to the TPP, even though those governments were reluctant to
> agree to them in the TPP and will no longer be bound by that agreement.
> That
> suggests the TPP may become the new norm even though it has only been
> ratified in two of the 12 countries, and that was 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."
>
> Some of the most extreme measures have been dropped (at least for now) and
> much of the text is not agreed. Nonetheless, there is nothing to cheer
> about, Bilaterals.org reports.
>
> "The effectiveness of opposition to TiSA has led governments to conclude
> that they cannot sell some of the more extreme proposals, which have thus
> been dropped from previous leaked texts. But the fetters on the rights and
> responsibilities of governments to regulate in the interests of their
> citizens from what remains would still go further than any single other
> agreement. There are no improvements on the inadequate protections for
> health, environment, privacy, workers, human rights, or economic
> development. And there is nothing to prevent developing countries becoming
> even more vulnerable and dependent in an already unequal and unfair global
> economy."
>
> Hypocritically, TISA would prohibit developing countries from adopting
> measures that countries like the United States used to facilitate its
> industrial development when it was an emerging country in the 19th century.
> In
> <https://wikileaks.org/tisa/New-Provisions/analysis/Analysis-of-TiSA-Annex-o
> n-New-Provisions.pdf> an analysis for WikiLeaks, Sanya Reid Smith of the
> Third World Network, an international coalition specializing in development
> issues, wrote:
>
> "[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.
> Some experts call this 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. Yet
> when it was a capital importer, the USA had the opposite law: its 1885
> contract labour law prohibited the import of foreign workers, i.e. the USA
> required senior managers (and all other staff) be Americans, which
> increased
> the chances of skills being passed to locals."
>
> Letting banks decide what's good for you
>
> These proposals are more extreme than language in existing bilateral trade
> agreements. Many of TISA's provisions are lifted from TPP, but some go
> beyond the latter's already extreme proposals For example, not even the TPP
> contemplated the entire elimination of regulations of any kind against the
> financial industry. Article 14 of TISA's annex on financial services, which
> had contained the most explicit language prohibiting regulation, has been
> removed, but Article 9 still contains language requiring no limitations
> beyond those applying to domestic financial firms. In other words, a
> smaller
> country would be required to allow a giant bank from a bigger country to
> take over its entire banking system.
>
> Incredibly, regulations against financial derivatives yet to be invented
> would be illegal. A
> <https://wikileaks.org/tisa/analysis/Analysis-of-20150415_Annex-on-Financial
> -Services/Analysis-of-20150415_Annex-on-Financial-Services.pdf> Public
> Citizen analysis states:
>
> "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."
>
> As another example, the financial-services annex (in article 21) would
> require that any government that offers financial products through its
> postal service l
> <http://www.bilaterals.org/IMG/pdf/financial_services.pdf#21> essen the
> quality of its products so that those are no better than what private
> corporations offer. Article 1 of the financial-services annex states that
> "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."
>
> That social security or other public retirement systems are covered is
> cause
> for much alarm because they could be judged to be "illegally competing"
> with
> private financial enterprises. It is conceivable that central banks could
> be
> constrained from actions intended to shore up economies during a future
> financial crisis if banks decide such measures "constrain" their massive
> profiteering off the crisis.
>
>
> <https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/02/tisa-cou
> ntries-e1486734978847.png>
>
> Article 10 of the annex continues to explicitly
> <http://www.bilaterals.org/IMG/pdf/financial_services.pdf#12> ban
> restrictions on the transfer of information in "electronic or other form"
> of
> any "financial service supplier." In other words, EU laws guarding privacy
> that stop U.S.-based Internet companies from taking data outside the EU to
> circumvent those privacy laws would be null and void. Laws instituting
> privacy protections would be verboten before they could be enacted. These
> rules, if enacted, could also provide a boon to companies like Uber whose
> modus operandi is to
> <https://systemicdisorder.wordpress.com/2015/08/05/high-tech-exploitation/>
> circumvent local laws. The Bilaterals.org analysis accompanying the leaks
> <http://www.bilaterals.org/?amidst-political-uncertainty-new> notes:
>
> "The main thrust of TiSA comes through the e-commerce, telecommunications,
> financial services and localisation rules and countries' commitments to
> allow unfettered cross-border supply of services. Together they would
> empower the global platforms who hold big data, like Google, without
> effective privacy protections, and tech companies like Uber, who have
> become
> notorious for evading national regulation, paying minimal tax and
> exploiting
> so-called self-employed workers. Given the backlash against global deals
> for
> global corporations TiSA will simply add fuel to the bonfire."
>
> Who interprets the rule is crucial
>
> The language of TISA, like all "free trade" agreements, is dry and
> legalistic. How these rules are interpreted is what ultimately matters.
> TISA
> contains standard language requiring arbitration by judges possessing
> "requisite knowledge"; that language means that the usual lineup of
> corporate lawyers who represent corporations in these tribunals will switch
> hats to sit in judgment. The tribunals used to settle these "investor-state
> disputes" are held in secret with no accountability and no appeal.
>
> The intention of "free trade" agreements is to elevate corporations to the
> level of governments. In reality, they raise corporations above the level
> of
> governments because only "investors" can sue; governments and people can't.
> "Investors" can sue governments to overturn any law or regulation that they
> claim will hurt profits or even potential future profits. On top of this, a
> government ordinarily has to pay millions of dollars in costs even in the
> rare instances when they win one of these cases.
>
> Each "free trade" agreement has a key provision
> <https://systemicdisorder.wordpress.com/2014/01/29/investor-dispute-mechanis
> ms/> elevating corporations above governments that codifies the "equal
> treatment" of business interests in accordance with international law and
> enables corporations to sue over any regulation or other government act
> that
> violates "investor rights," which means any regulation or law that might
> prevent the corporation from extracting the maximum possible profit. Under
> these provisions, taxation and regulation constitute "indirect
> expropriation" mandating compensation - a reduction in the value of an
> asset
> is sufficient to establish expropriation rather than a physical taking of
> property as required under customary law. Tribunal decisions become
> precedents for further expansions of investor "rights" and thus constitute
> the "evolving standard of investor rights" required under "free trade"
> agreements. TISA contains the usual passages requiring "equal treatment."
>
> At bottom, "free trade" deals have little to do with trade and much to do
> with imposing corporate wish lists through undemocratic means, including
> the
> elimination of any meaningful regulations for labor, safety, health or the
> environment. TISA is another route to imposing more of this agenda. And the
> TPP itself isn't necessarily dead - both Chile and New Zealand are holding
> discussions with other TPP countries to salvage some of the deal. Chile has
> invited TPP countries, plus China,
> <https://insidetrade.com/daily-news/chilean-official-hopes-upcoming-summit-w
> ill-provide-avenue-tpp-deal-chinese-involvement> to a March summit and the
> New Zealand
> <https://insidetrade.com/daily-news/new-zealands-trade-minister-fact-finding
> -trip-tpp-countries> trade minister is visiting Australia, Japan, Mexico
> and
> Singapore.
>
> Working people around the world scored a major victory in stopping the TPP,
> at least in its current form. The activists who achieved this deserve much
> credit. But there is far more to do. Capital never rests; nor can we. Here
> we have class warfare in naked fashion, and there is no doubt on which side
> the capitalist world's governments lie.
>
>
>
>
>
>
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> TPP Is Not Dead: It's Now Called Trade In Services Agreement
>
>
>
> Educate! <https://popularresistance.org/category/educate/> TISA
> <https://popularresistance.org/tag/tisa/> , TPP
> <https://popularresistance.org/tag/tpp/>
> By Peter Dolack, www.systemicdisorder.wordpress.com
> <https://systemicdisorder.wordpress.com/2017/02/08/tisa-worse-than-tpp/>
> February 10th, 2017
>
> Powered by https://translate.google.com/Translate
> <https://translate.google.com/>
>
> 'Error! Hyperlink reference not valid.Error! Hyperlink reference not valid.
> Error! Hyperlink reference not valid.Error! Hyperlink reference not
> valid.Error! Hyperlink reference not valid.Error! Hyperlink reference not
> valid.Error! Hyperlink reference not valid.Error! Hyperlink reference not
> valid.Error! Hyperlink reference not valid.Error! Hyperlink reference not
> valid.Error! Hyperlink reference not valid.Error! Hyperlink reference not
> valid.Error! Hyperlink reference not valid.
>
> Error! Hyperlink reference not valid.Error! Hyperlink reference not valid.
>
> Above Photo: by Annette Dubois
>
> One can hear the cry ringing through the boardrooms of capital: "Free trade
> is dead! Long live free trade!"
>
> Think the ideas behind the Trans-Pacific Partnership or the so-called "free
> trade" regime are buried? Sadly, no. Definitely, no. Some of the countries
> involved in negotiating the TPP seeking to find ways to resurrect it in
> some
> new form - but that isn't the most distressing news. What's worse is the
> TPP
> remains alive in a new form with even worse rules. Meet the Trade In
> Services Agreement, even more secret than the Trans-Pacific Partnership.
> And
> more dangerous.
>
> The Trade In Services Agreement (TISA), currently being negotiated among 50
> countries, if passed would 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 any
> public advantages to be derived from state-owned enterprises and eliminate
> net neutrality.
>
> TISA negotiations began in April 2013 and have gone through 21 rounds.
> Silence has been the rule for these talks, and we only know what's in it
> because of leaks, earlier ones published by WikiLeaks and now a new cache
> published January 29 <http://www.bilaterals.org/?+-tisa-+> by
> Bilaterals.org.
>
> Earlier draft versions of TISA's language would prohibit any restrictions
> <https://systemicdisorder.wordpress.com/2016/06/08/no-regulation-trade-in-se
> rvices-agreement/> on the size, expansion or entry of financial companies
> and a ban on new regulations, including a specific ban on any law that
> separates commercial and investment banking, such as the equivalent of the
> U.S. Glass-Steagall Act. It would also ban any restrictions on the transfer
> of any data collected, including across borders; place social security
> systems at risk of privatization or elimination; and put an end to Internet
> privacy
> <https://systemicdisorder.wordpress.com/2014/12/24/tisa-censorship-no-privac
> y/> and net neutrality. It hasn't gotten any more acceptable.
>
> TISA is the backup plan in case the TPP
> <https://systemicdisorder.wordpress.com/2015/11/11/why-tpp-text-is-secret/>
> and the Transatlantic Trade and Investment Partnership
> <https://systemicdisorder.wordpress.com/2016/05/04/goodbye-democracy-transat
> lantic-partnership/> don't come to fruition. Perhaps fearful that the
> recent spotlight put on "free trade" deals might derail TISA as it derailed
> TPP, the governmental trade offices negotiating it have not announced the
> next negotiating date. The closest toward any meaningful information found
> was the Australian government's bland statement that
> <http://dfat.gov.au/trade/agreements/trade-in-services-agreement/news/Pages/
> news.aspx> the "Parties agreed to reconvene in 2017."
>
> The cover story for why TISA is being negotiated is that it would uphold
> the
> right to hire the accountant or engineer of your choice, but in reality is
> intended to enable the financial industry and Internet companies to run
> roughshod over countries around the world. And while "liberalization" of
> professional services is being promoted, the definition of "services" is
> being expanded in order to stretch the category to encompass manufacturing.
> Deborah James of the Center for Economy and Policy Research laid out the
> breathtaking scope
> <https://popularresistance.org/there-is-still-one-big-corporate-trade-deal-t
> hat-must-be-stopped/> of this proposal:
>
> "Corporations no longer consider setting up a plant and producing goods to
> be simply 'manufacturing goods.' This 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,
> to name a few. Going further, a shoe or watch that measures steps or sleep
> could be a fitness monitoring service, not a good. A driverless car could
> be
> a transport service, not an automobile. Google and Facebook could be
> information services and communication services, respectively."
>
> Why is it you are kept in the dark?
>
> Before we get to the details of the text itself, let's take a quick look at
> how the world's governments, on behalf of multi-national capital, are
> letting their citizens know what they are up to. Or, to be more accurate,
> what they are not telling you. Many governments have not bothered to update
> their official pages extolling TISA in months.
>
> The European Union is negotiating TISA on behalf of its 28 member
> countries,
> along with, among others, the United States, Canada, Mexico, Australia, New
> Zealand, Japan, South Korea, Taiwan, Chile, Colombia, Peru, Norway,
> Switzerland, Pakistan and Turkey.
>
> In the United States, the new Trump administration has yet to say a word
> about it. The Office of the U.S. Trade Representative web site's page on
> TISA <https://ustr.gov/TiSA> 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." Uh-huh. President
> Donald Trump is not against
> <http://www.leftvoice.org/Free-Trade-Agreements-and-the-Dynamics-of-Capitali
> sm> "free trade" deals; he simply claims he can do it better. The Trump
> administration has issued blustery calls for "fair deals" and braggadocio
> puffing up Donald Trump's supposed negotiating prowess. A typical White
> House passage
> <https://www.whitehouse.gov/trade-deals-working-all-americans>
> reads, "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."
>
> More typical of the TISA negotiators is the latest report
> <http://trade.ec.europa.eu/doclib/docs/2016/november/tradoc_155095.pdf>
> from the European Commission, which summarized the latest round, held last
> November, this way: "Parties made good progress in working towards an
> agreed
> text and finding pathways towards solving the most controversial
> outstanding
> issues at both Chief Negotiators and Heads of Delegation levels." The
> Canadian government's last update
> <http://www.international.gc.ca/trade-agreements-accords-commerciaux/topics-
> domaines/services/tisa-acs.aspx?lang=eng> is from last June and declares
> "Parties conducted a stocktaking session to assess the level of progress on
> all issues."
>
> Traveling across the Pacific brings no more useful information. Australia's
> government offers this information-free update
> <http://dfat.gov.au/trade/agreements/trade-in-services-agreement/news/Pages/
> news.aspx> : "Parties agreed to a comprehensive stocktake of the
> negotiations, identifying progress made and areas which require ongoing
> technical work." New Zealand's government can't even be bothered to provide
> updates, instead offering only discredited, boilerplate public-relations
> puffery
> <https://www.mfat.govt.nz/en/trade/free-trade-agreements/agreements-under-ne
> gotiation/tisa/> similar to other trade offices.
>
> The one hint that TISA negotiations are experiencing difficulty that could
> be found through an extensive online search is this passage in a U.S.
> Congressional Research Service report
> <https://fas.org/sgp/crs/misc/R44354.pdf> dated January 3, 2017:
> "Recognizing that outstanding issues remain and the U.S. position under a
> new administration is unclear, the parties canceled the planned December
> 2016 meeting but are meeting to determine how best to move forward in
> 2017."
> Given that the new administration is moving as fast as possible to
> eliminate
> the tepid Dodd-Frank Act financial-industry reforms, it would seem TISA's
> provisions to dismantle financial regulation globally would not be a
> problem
> at all.
>
> But that these talks are not progressing at the present time does not mean
> the world can relax. It took years of cross-border organizing and popular
> education to stop the TPP, and this effort will have to replicated if TISA
> is to be halted.
>
> The details are the devils already known
>
> Commentary accompanying Bilaterals.org's publication of several TISA
> chapters stresses that the Trans-Pacific Partnership, despite its apparent
> defeat, is nonetheless being used as the model
> <http://www.bilaterals.org/?amidst-political-uncertainty-new> for the
> Trade
> In Services Agreement. Thus we are at risk of the TPP becoming the "new
> norm":
>
> "Several proposed texts from the failed Trans-Pacific Partnership (TPP)
> agreement have been transferred to TiSA - including state-owned
> enterprises;
> rights to hold data offshore (including financial data); e-commerce; and
> prohibitions on performance requirements for foreign investors. While these
> texts originated with the United States, they appear to be supported by
> other parties to the TPP, even though those governments were reluctant to
> agree to them in the TPP and will no longer be bound by that agreement.
> That
> suggests the TPP may become the new norm even though it has only been
> ratified in two of the 12 countries, and that was 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."
>
> Some of the most extreme measures have been dropped (at least for now) and
> much of the text is not agreed. Nonetheless, there is nothing to cheer
> about, Bilaterals.org reports.
>
> "The effectiveness of opposition to TiSA has led governments to conclude
> that they cannot sell some of the more extreme proposals, which have thus
> been dropped from previous leaked texts. But the fetters on the rights and
> responsibilities of governments to regulate in the interests of their
> citizens from what remains would still go further than any single other
> agreement. There are no improvements on the inadequate protections for
> health, environment, privacy, workers, human rights, or economic
> development. And there is nothing to prevent developing countries becoming
> even more vulnerable and dependent in an already unequal and unfair global
> economy."
>
> Hypocritically, TISA would prohibit developing countries from adopting
> measures that countries like the United States used to facilitate its
> industrial development when it was an emerging country in the 19th century.
> In an analysis for
> <https://wikileaks.org/tisa/New-Provisions/analysis/Analysis-of-TiSA-Annex-o
> n-New-Provisions.pdf> WikiLeaks, Sanya Reid Smith of the Third World
> Network, an international coalition specializing in development issues,
> wrote:
>
> "[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.
> Some experts call this 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. Yet
> when it was a capital importer, the USA had the opposite law: its 1885
> contract labour law prohibited the import of foreign workers, i.e. the USA
> required senior managers (and all other staff) be Americans, which
> increased
> the chances of skills being passed to locals."
>
> Letting banks decide what's good for you
>
> These proposals are more extreme than language in existing bilateral trade
> agreements. Many of TISA's provisions are lifted from TPP, but some go
> beyond the latter's already extreme proposals For example, not even the TPP
> contemplated the entire elimination of regulations of any kind against the
> financial industry. Article 14 of TISA's annex on financial services, which
> had contained the most explicit language prohibiting regulation, has been
> removed, but Article 9 still contains language requiring no limitations
> beyond those applying to domestic financial firms. In other words, a
> smaller
> country would be required to allow a giant bank from a bigger country to
> take over its entire banking system.
>
> Incredibly, regulations against financial derivatives yet to be invented
> would be illegal. A Public Citizen analysis
> <https://wikileaks.org/tisa/analysis/Analysis-of-20150415_Annex-on-Financial
> -Services/Analysis-of-20150415_Annex-on-Financial-Services.pdf> states:
>
> "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."
>
> As another example, the financial-services annex (in article 21) would
> require that any government that offers financial products through its
> postal service lessen the quality
> <http://www.bilaterals.org/IMG/pdf/financial_services.pdf#21> of its
> products so that those are no better than what private corporations offer.
> Article 1 of the financial-services annex states that "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."
>
> That social security or other public retirement systems are covered is
> cause
> for much alarm because they could be judged to be "illegally competing"
> with
> private financial enterprises. It is conceivable that central banks could
> be
> constrained from actions intended to shore up economies during a future
> financial crisis if banks decide such measures "constrain" their massive
> profiteering off the crisis.
>
> https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/02/tisa-coun
> tries-e1486734978847.pnghttps://popularresistance-uploads.s3.amazonaws.com/u
> ploads/2017/02/tisa-countries-e1486734978847.png
>
> Article 10 of the annex continues to explicitly ban restrictions on the
> transfer <http://www.bilaterals.org/IMG/pdf/financial_services.pdf#12> of
> information in "electronic or other form" of any "financial service
> supplier." In other words, EU laws guarding privacy that stop U.S.-based
> Internet companies from taking data outside the EU to circumvent those
> privacy laws would be null and void. Laws instituting privacy protections
> would be verboten before they could be enacted. These rules, if enacted,
> could also provide a boon to companies like Uber whose modus operandi is to
> circumvent local laws
> <https://systemicdisorder.wordpress.com/2015/08/05/high-tech-exploitation/>
> . The Bilaterals.org analysis accompanying the leaks notes
> <http://www.bilaterals.org/?amidst-political-uncertainty-new> :
>
> "The main thrust of TiSA comes through the e-commerce, telecommunications,
> financial services and localisation rules and countries' commitments to
> allow unfettered cross-border supply of services. Together they would
> empower the global platforms who hold big data, like Google, without
> effective privacy protections, and tech companies like Uber, who have
> become
> notorious for evading national regulation, paying minimal tax and
> exploiting
> so-called self-employed workers. Given the backlash against global deals
> for
> global corporations TiSA will simply add fuel to the bonfire."
>
> Who interprets the rule is crucial
>
> The language of TISA, like all "free trade" agreements, is dry and
> legalistic. How these rules are interpreted is what ultimately matters.
> TISA
> contains standard language requiring arbitration by judges possessing
> "requisite knowledge"; that language means that the usual lineup of
> corporate lawyers who represent corporations in these tribunals will switch
> hats to sit in judgment. The tribunals used to settle these "investor-state
> disputes" are held in secret with no accountability and no appeal.
>
> The intention of "free trade" agreements is to elevate corporations to the
> level of governments. In reality, they raise corporations above the level
> of
> governments because only "investors" can sue; governments and people can't.
> "Investors" can sue governments to overturn any law or regulation that they
> claim will hurt profits or even potential future profits. On top of this, a
> government ordinarily has to pay millions of dollars in costs even in the
> rare instances when they win one of these cases.
>
> Each "free trade" agreement has a key provision elevating corporations
> above
> governments
> <https://systemicdisorder.wordpress.com/2014/01/29/investor-dispute-mechanis
> ms/> that codifies the "equal treatment" of business interests in
> accordance with international law and enables corporations to sue over any
> regulation or other government act that violates "investor rights," which
> means any regulation or law that might prevent the corporation from
> extracting the maximum possible profit. Under these provisions, taxation
> and
> regulation constitute "indirect expropriation" mandating compensation - a
> reduction in the value of an asset is sufficient to establish expropriation
> rather than a physical taking of property as required under customary law.
> Tribunal decisions become precedents for further expansions of investor
> "rights" and thus constitute the "evolving standard of investor rights"
> required under "free trade" agreements. TISA contains the usual passages
> requiring "equal treatment."
>
> At bottom, "free trade" deals have little to do with trade and much to do
> with imposing corporate wish lists through undemocratic means, including
> the
> elimination of any meaningful regulations for labor, safety, health or the
> environment. TISA is another route to imposing more of this agenda. And the
> TPP itself isn't necessarily dead - both Chile and New Zealand are holding
> discussions with other TPP countries to salvage some of the deal. Chile has
> invited TPP countries, plus China, to a March summit
> <https://insidetrade.com/daily-news/chilean-official-hopes-upcoming-summit-w
> ill-provide-avenue-tpp-deal-chinese-involvement> and the New Zealand trade
> minister is visiting
> <https://insidetrade.com/daily-news/new-zealands-trade-minister-fact-finding
> -trip-tpp-countries> Australia, Japan, Mexico and Singapore.
>
> Working people around the world scored a major victory in stopping the TPP,
> at least in its current form. The activists who achieved this deserve much
> credit. But there is far more to do. Capital never rests; nor can we. Here
> we have class warfare in naked fashion, and there is no doubt on which side
> the capitalist world's governments lie.
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
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