As trade ministers from the 16-member Regional Comprehensive Economic Partnership (RCEP) trade deal converged in Kobe, Japan, the People Over Profit network strongly opposes the RCEP and warns of impending threats on people’s rights across Asia Pacific.
Civil society groups and social movements from Indonesia and across Asia Pacific warned of intensified land grabs and unemployment as the 16th round of negotiations for the China-led Regional Comprehensive Economic Partnership (RCEP) begins in Indonesia from Dec 7-9, 2016.
China will seek support for a Beijing-led Asia-Pacific free trade area at a regional summit in Peru later this month, Chinese officials said Thursday, after Donald Trump’s U.S. election win dashed hopes for a U.S.-led free trade pact.
In a bid to overcome the WTO deadlock, monopoly capital has instead diverted its focus on bilateral and regional Free Trade and Investment Agreements (FTAs) that aim to dismantle existing labor, environmental, health and financial laws while boosting corporate profit and control.
With the veil of secrecy lifted a little more on the strictly secret talks of the Trade in Services Agreement (TISA) after Wikileaks published large chunks of negotiating text, delegations gathered for negotiations of the trade deal this week in Geneva face some noisy opposition.