For Immediate Release
Jonathan Stevenson, media officer
Tel: +44 (0)7711 875 345 or +44 (0)20 7820 4913
TPP Comment: Deal is Great for Big Business, Awful for Medicine, Agriculture & Democracy
WASHINGTON - Campaigners have reacted angrily to news that the negotiators of the Trans-Pacific Partnership (TPP) had reached an agreement in Atlanta, USA following a dramatic, last-minute extension of the talks.
Nick Dearden, the director of Global Justice Now said:
“TPP is a deal for big business. Two fifths of the global economy will be covered by corporate courts, meaning a huge rise in governments being sued for protecting the public interest from corporate greed. Medicine prices will rise as Big Pharma gets more power to monopolise markets. Small farmers will suffer from unfair competition with industrial scale agribusiness. No wonder this has been agreed in secret. There's still hope though, and we look to US congress to stop this toxic deal. “
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