Posting New Secret Trade Docs, Wikileaks Exposes Corporate Plan

Labor News

Members of the Confederal Group of the European United Left hold posters with the slogan ‘Stop Tisa’ (Trade in Services Agreement) during a voting session at the European parliament in Strasbourg, France. (Photo: Vincent Kessler /Reuters)

Reprinted from Common Dreams by John Queally on October 15, 2016.

Even as it continued to post new batches of emails from Clinton campaign chairman John Podesta, Wikileaks on Friday also published new draft chapters of the Trade in Services Agreement (TISA) which shed new light on the pending deal that critics say puts global economies at further risk from powerful banks, financial institutions, and corporate greed.

The latest release follows a series of others by the pro-tranparency publication and comes just days ahead of the next round of TISA negotiations set to begin Monday in Washington, DC. The leaked documents included in Friday’s release include three draft chapters from the agreement—covering “Financial Services,” “Localization Provisions,” and “Bilateral Market Access.” The chapters are from June of this year and bring the number of documents related to the TISA negotiations published by Wikileaks up to 70 total.

Along with the Trans Pacific Partnership (TPP) and the TransAtlantic Trade and Investement Partnership (TTIP), TISA is actually the largest of the “Three Big T’s” of pending international agreements that seek to further shape the global economic and legal systems in favor of major corporations and elite interests. TISA is the largest of the three deals, and according to World Bank figures cited by Wikileaks, services that would be covered by the massive agreement comprise around 75% of the EU economy, 80% of the US economy and the majority of economies of most countries. …

Common Dreams 10/14

About Jeffrey Burman 1370 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.burman@nbcuni.com.

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