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In Tokyo on January 24, 11 Pacific Rim countries including Australia reached an agreement to sign a revived Trans-Pacific Partnership (rebranded the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, CPTPP).

The huge free trade deal almost fell into oblivion last year when US President Donald Trump pulled his country out, citing concerns for the loss of US jobs.

Social movements across Asia, Latin America, Oceania, and North America celebrated on November 15 the fact that their seven-year strategic campaign had successfully derailed the Trans-Pacific Partnership (TPP), a controversial trade deal widely condemned for privileging corporate profits over international public interest.

A protester holds a 'No Trump' sign.

The news that the White House and Republican congressional leaders have given up on passing the Trans-Pacific Partnership (TPP) is welcome.

That the TPP would be defeated by Congress if brought to a vote signals that the Trojan-horse “trade” agreements that expand corporate power are simply no longer politically viable. People power beat the united forces of a US president, the Republican congressional leaders and the entire corporate lobby.


Anti-TPP protesters in Auckland.

Amid angry protests in the streets, Pacific rim countries signed the controversial Trans-Pacific Partnership (TPP) trade deal on February 4 in New Zealand's capital Auckland.

The United States and 11 other Pacific Rim nations, including Australia, reached an agreement on October 5 on the Trans-Pacific Partnership, the largest regional trade accord in history.

The agreement has been negotiated in secret for eight years and will encompass 40% of the global economy. The secret 30-chapter text has still not been made public, although sections of draft text were leaked by WikiLeaks during the negotiations.

There were huge protests against the Trans-Pacific Partnership held across New Zealand on August 15. About 10,000 protesters marched in Auckland, 5000 in Wellington, 4000 in Christchurch and thousands more in other parts of the country.

The TPP is a free trade deal being negotiated by countries on the Pacific rim: the US, Australia, Singapore, New Zealand, Chile, Brunei, Canada, Malaysia, Mexico, Peru, Vietnam and Japan. These countries represent about 40% of global GDP.

In the United States Senate, Republicans eventually reached a deal on May 13 with a group of Senate Democrats over a bill that Democrats had unanimously rejected a day earlier, TeleSUR English said that day. It grants special “fast-track” powers to President Barack Obama to negotiate key free trade agreements.

United States politics is witnessing a new sorry spectacle — and one with real consequences for Australia, as well as other nations on the Pacific rim.

US President Barack Obama is trying to drum up support from his party to implement the agenda of the huge corporations that sought to block his election and re-election via the proposed Trans-Pacific Partnership (TPP) “free trade” deal involving 12 Pacific rim nations.

The text of the proposed agreement and the negotiations have been kept secret, but key chapters have leaked and been published by WikiLeaks.

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