TPPA text unveiled, at long last
PARLIAMENT | The full text of the Trans Pacific Partnership Agreement (TPPA) agreement has finally been revealed after years of negotiation.
The text for all 30 chapters was made available for download on the New Zealand Ministry Foreign Affairs and Trade website.
PARLIAMENT | The full text of the Trans Pacific Partnership Agreement (TPPA) agreement has finally been revealed after years of negotiation.
The text for all 30 chapters was made available for download on the New Zealand Ministry Foreign Affairs and Trade website.
"The text will continue to undergo legal review," the New Zealand Ministry Foreign Affairs and Trade said.
The link to New Zealand website was provided on Malaysia's Ministry of International Trade and Industry's website www.miti.gov.my today.
International Trade and Industry Minister Mustapa Mohamed earlier today vowed the full text will be made public in 24 hours.
He said this while winding up the Budget 2016 debate on the ministry today.
Mustapa said the TPPA cost benefit analysis by PricewaterhouseCoopers and the Malaysian Insittute of Strategic and International Studies is expected to be completed in two or three weeks.
He said the free trade agreement must be approved by Parliament.
"As promised by the government, this text will be discussed and decided in Parliament.
“We have not had an official discussion with the (Dewan Rakyat) speaker about this but from our earlier discussions, this will be in January (next year). But this is still subject to the speaker's approval," he said.
If the TPPA discussion cannot be discussed in January, then it will be moved to early February, he added.
The TPPA is a multinational free trade agreement in which the US is a main proponent. Apart from Malaysia, other countries involved in its secretive negotiations are Australia, New Zealand, Vietnam, Mexico, and Canada, among others.
Mustapa said the draft agreement will be made public a month from now if the Atlanta talks end in Malaysia's favour.
For now, all that is known about the agreement comes from leaks of the purported draft.
For TPPA's critics, one contentious component of the draft agreement is that it incorporates a system for investor-state dispute settlement (ISDS), which could supposedly affect a country's ability to enact public interest laws - such controlling the use of tobacco - by forcing governments to pay hefty compensations for corporations that stand to lose from such legal changes.

