The environment will be a major loser under terms put forward for the latest free trade deal
The Trans Pacific Partnership (TPP) is a proposed arrangement between New Zealand, the US and nine other Pacific Rim countries, with Japan soon to join. While labelled a “free trade” pact, its main focus is not trade – and economic gain is pursued only indirectly. It concentrates on limiting how governments can regulate “behind the border” in ways that affect foreign investors.
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