/ News & Press / Video / The Trans-Pacific Partnership - the dirtiest trade deal, you've never heard of
The Trans-Pacific Partnership - the dirtiest trade deal, you've never heard of
WEBVTT Kind: captions Language: en
00:00:00.610 --> 00:00:06.650 Right now, big banking, software, pharmaceutical, and tobacco corporations are lobbying governments 00:00:06.650 --> 00:00:10.919 from 12 countries to negotiate the dirtiest deal you’ve never heard of. 00:00:10.919 --> 00:00:15.070 There’s a reason you haven’t heard of the TPP, or Trans-Pacific Partnership. There 00:00:15.070 --> 00:00:20.170 are some major corporations and government officials that don’t want you to know what’s 00:00:20.170 --> 00:00:23.460 in the deal. For one, our food safety standards, environmental 00:00:23.460 --> 00:00:27.860 protections and local labour laws could all be threatened under the TPP. 00:00:27.860 --> 00:00:31.690 We could all be forced to pay significantly more for the medicines we need. 00:00:31.690 --> 00:00:36.490 And - you could be fined - or even sent to jail - for downloading copyrighted content 00:00:36.490 --> 00:00:38.570 on the internet. 00:00:38.570 --> 00:00:42.940 How will they know if you do it? Because your internet service providers could be required 00:00:42.940 --> 00:00:47.210 to watch your online activity. But that’s not even the scariest part. The 00:00:47.210 --> 00:00:53.000 TPP could give corporations the power to sue our government in secret foreign tribunals, 00:00:53.000 --> 00:00:57.680 over any law or regulation they claim affects their “expected future profits.” 00:00:57.680 --> 00:01:03.320 Don’t believe it? It’s already happening. Because of an investment agreement between 00:01:03.320 --> 00:01:08.200 Hong Kong and Australia, Phillip Morris tobacco company is currently suing the Australian 00:01:08.200 --> 00:01:12.180 government for billions of dollars over its plain packaging legislation. 00:01:12.180 --> 00:01:18.280 If Australia signs onto the TPP, examples like this could be commonplace, as it may 00:01:18.280 --> 00:01:22.930 allow foreign corporations around the world to sue the government over a change to any 00:01:22.930 --> 00:01:27.720 law -- including laws that provide cheap access to medicines, or protect farmland from coal 00:01:27.720 --> 00:01:29.970 seam gas mining. 00:01:29.970 --> 00:01:35.020 This not only undermines our sovereignty, it also exposes taxpayer dollars to expensive 00:01:35.020 --> 00:01:36.270 lawsuits. 00:01:36.270 --> 00:01:42.049 Thankfully, not everyone is willing to sign on the dotted line just yet. In fact, most 00:01:42.049 --> 00:01:46.729 government officials still have no idea what we’re even signing onto. For good reason. 00:01:46.729 --> 00:01:53.390 In the US, Democrats and Republicans are uniting to oppose a fast-tracking of the TPP, demanding 00:01:53.390 --> 00:01:58.549 open debates and negotiations instead. Despite a powerful corporate lobby that wants their 00:01:58.549 --> 00:02:02.369 deal signed before the public has a chance to realise what's at stake. 00:02:02.369 --> 00:02:08.000 It's our job to make sure our elected officials unite in the same way - by standing up to 00:02:08.000 --> 00:02:11.400 overseas corporate interests and looking out for what's best for Australians. 00:02:11.400 --> 00:02:17.010 Here’s the deal. Without a strong public outcry, politicians will only hear the concerns 00:02:17.010 --> 00:02:22.480 of multinational corporations. And once the TPP is signed, it’s here forever. 00:02:22.480 --> 00:02:26.770 There’s no expiration date, and it’s almost impossible for governments to withdraw. 00:02:26.770 --> 00:02:32.360 This dirty deal has been deliberately branded as a “free trade” agreement. It is anything 00:02:32.360 --> 00:02:33.950 but free for people like you
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