Excerpt: "The website WikiLeaks released on Wednesday classified documents
from the Trade in Services Agreement, or TISA, which is a huge trade
agreement being negotiated in secret by the United States, the European
Union and 22 other countries."
Julian Assange, the founder of Wikileaks. (photo: Peter Nicholls/Reuters)
WikiLeaks Exposes Text From Secretly Negotiated TISA Trade Deal
By teleSUR
25 May 16
The classified annex to the draft "core text" of the Trade in Services
Agreement is part of what is being secretly negotiated by the U.S., EU and
22 countries
The website WikiLeaks released on Wednesday classified documents from the
Trade in Services Agreement, or TISA, which is a huge trade agreement being
negotiated in secret by the United States, the European Union and 22 other
countries.
The documents include a previously unknown annex to the TISA core chapter on
"State Owned Enterprises," which imposes unprecedented restrictions on SOEs
and will force majority owned SOEs to operate like private sector
businesses.
The leaked documents show how stipulations outlined in the TISA documents
advanced the "deregulation" of big corporations entering overseas markets.
According to the leaked documents, the TISA rules would also restrict
governments' ability to determine the size or growth of certain economic
activities and entities, preventing nations from limiting the size of
foreign companies in the market.
"The TISA provisions in their current form will establish a wide range of
new grounds for domestic regulations to be challenged by corporations - even
those without a local presence in that country," WikiLeaks warned on
Wednesday.
The whistleblowing website went on to note that the proposals and language
contained in the text promotes what it described as "the corporatization of
public services."
There is growing evidence that the privatization of state-owned companies
leads to an increase in costs for consumers. In the 34 OECD countries, for
example, the average price for energy charged by private companies is 23.1
percent higher than the price charged by public companies.
Despite these alarming tendencies, the corporatization of public services is
justified in the name of improving efficiencies, especially by introducing
competition, WikiLeaks wrote in it's analysis of the TISA annex.
If the proposed TISA measures are approved, several civil society
organizations have warned of the potential impacts they may have on national
sovereignty and public safety.
The secrecy around the deal and the negotiating process, which gives access
to large corporations but largely excludes civil society, has been
criticized as an assault on democracy.
The TISA documents are supposed to remain secret for five years after the
deal is finalized.
The TISA is one of three international trade deals being negotiated in
secret, along with the Transatlantic Trade and Investment Partnership, TTIP
and the Trans-Pacific Partnership, TPP, trade deal. Collectively, these
agreements encompass 75 to 95 percent of global GDP.
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Julian Assange, the founder of Wikileaks. (photo: Peter Nicholls/Reuters)
http://www.telesurtv.net/english/news/WikiLeaks-Exposes-Text-from-Secretly-N
egotiated-TISA-Trade-Deal-20160525-0013.htmlhttp://www.telesurtv.net/english
/news/WikiLeaks-Exposes-Text-from-Secretly-Negotiated-TISA-Trade-Deal-201605
25-0013.html
WikiLeaks Exposes Text From Secretly Negotiated TISA Trade Deal
By teleSUR
25 May 16
The classified annex to the draft "core text" of the Trade in Services
Agreement is part of what is being secretly negotiated by the U.S., EU and
22 countries
he website WikiLeaks released on Wednesday classified documents from the
Trade in Services Agreement, or TISA, which is a huge trade agreement being
negotiated in secret by the United States, the European Union and 22 other
countries.
The documents include a previously unknown annex to the TISA core chapter on
"State Owned Enterprises," which imposes unprecedented restrictions on SOEs
and will force majority owned SOEs to operate like private sector
businesses.
The leaked documents show how stipulations outlined in the TISA documents
advanced the "deregulation" of big corporations entering overseas markets.
According to the leaked documents, the TISA rules would also restrict
governments' ability to determine the size or growth of certain economic
activities and entities, preventing nations from limiting the size of
foreign companies in the market.
"The TISA provisions in their current form will establish a wide range of
new grounds for domestic regulations to be challenged by corporations - even
those without a local presence in that country," WikiLeaks warned on
Wednesday.
The whistleblowing website went on to note that the proposals and language
contained in the text promotes what it described as "the corporatization of
public services."
There is growing evidence that the privatization of state-owned companies
leads to an increase in costs for consumers. In the 34 OECD countries, for
example, the average price for energy charged by private companies is 23.1
percent higher than the price charged by public companies.
Despite these alarming tendencies, the corporatization of public services is
justified in the name of improving efficiencies, especially by introducing
competition, WikiLeaks wrote in it's analysis of the TISA annex.
If the proposed TISA measures are approved, several civil society
organizations have warned of the potential impacts they may have on national
sovereignty and public safety.
The secrecy around the deal and the negotiating process, which gives access
to large corporations but largely excludes civil society, has been
criticized as an assault on democracy.
The TISA documents are supposed to remain secret for five years after the
deal is finalized.
The TISA is one of three international trade deals being negotiated in
secret, along with the Transatlantic Trade and Investment Partnership, TTIP
and the Trans-Pacific Partnership, TPP, trade deal. Collectively, these
agreements encompass 75 to 95 percent of global GDP.
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