General Discussion
In reply to the discussion: The Trans-Pacific Partnership: This is What Corporate Governance Looks Like [View all]pampango
(24,692 posts)a mechanism to prevent countries from subsequently ignoring them on the basis of 'national sovereignty'. The makeup of these tribunals will be important.
In the EU they tend to be liberal and force reluctant governments to live up to labor and environmental commitments. It will be important that such bodies in the TPP be the same. The negotiations are not finished. What has been leaked may or may not be representative of the final agreement.
The NAFTA tribunals may rule in favor of corporations 70% of the time. Do you have a guess as to how often American courts rule in favor of corporations? My guess is a lot hire percentage than that. Should any TPP board be even better. Yes.
My reading of the comments of senators Warren, Sanders and Brown are that they oppose the secrecy ("transparency record" of the negotiations not the negotiations themselves.