June 20, 2014
Secret Trade Agreement Revealed By WikiLeaks
[From article]
Fifty countries around the globe have already signed on to the Trade in Service Agreement, or TISA, including the United States, Australia and the European Union. Despite vast international ties, however, details about the deal have been negotiated behind closed-doors and largely ignored by the press.
In a statement published by the group alongside the leaked draft this week, WikiLeaks said “proponents of TISA aim to further deregulate global financial services markets,” and have participated in “a significant anti-transparency manoeuvre” by working secretly on a deal that covers more than 68 percent of world trade in services, according to the Swiss National Center for Competence in Research.
[. . .]
Amendments from the US are seeking to end publicly provided services like public pension funds, which are referred to as 'monopolies' and to limit public regulation of all financial services,” she said. ''They want to freeze financial regulation at existing levels, which would mean that governments could not respond to new developments like another global financial crisis.''
http://rt.com/usa/167088-wikileaks-tisa-secret-trade/
Secret trade agreement covering 68 percent of world services published by WikiLeaks
Published time: June 19, 2014 15:55
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