Goal of TPP: Free Trade Area of the Asia Pacific (FTAAP)

By:  Joe Wolverton, II, J.D.
11/08/2012
       
Goal of TPP: Free Trade Area of the Asia Pacific (FTAAP)

The goal of the secretive negotiations working out the TPP is the creation of a Free Trade Area of the Asia Pacific (FTAAP) and economic integration of the member nations.

In a statement made to the Peruvian news agency Andina, Peru’s Ministry of Trade and Tourism (Mincetur) announced that it will send a delegation to the Inter-sectoral Meeting of the Trans-Pacific Partnership (TPP) scheduled to take place November 12-17 in Los Cabos, Mexico. The story published by Andina contains a very important revelation that is usually left out of similar statements made by the U.S. Trade Representative (USTR) regarding the TPP.

“The TPP is a negotiation process that includes countries from three continents (America, Asia and Oceania). It seeks to become the basis and the means to establish the Free Trade Area of the Asia Pacific (FTAAP), and therefore it is open to other countries that have formally expressed their interest in the process,” the story reports.

Creation of a Free Trade Area of the Asia Pacific is the ultimate goal of the secretive negotiations carried out among the 11 nations now comprising the TPP. Members of the proposed “free trade” bloc include: Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. The regional trading partnership is intended to establish “a comprehensive free trade agreement across the region.”

An article written in the Georgetown Journal of International Law says that the TPP negotiations “are designed to culminate in a “gold standard” free trade agreement (FTA). The article continues:

The TPP negotiations are among the more recent of a large number of FTAs and Regional Trade Agreements (RTAs) that have been or are being negotiated between the member economies of the Asia-Pacific Economic Cooperation (APEC) forum. Since the APEC Leaders’ Bogor Declaration in November 1994, the member economies have been committed on some level to the objective of achieving an environment for “free and open” trade and investment in the Asia-Pacific region.

In the argot of globalism, “free and open trade” translates as “economic and political integration.” Later in the Georgetown piece, USTR Ron Kirk is quoted as calling for the TPP to be “more than a broad concept.” 

Click here to read the entire article.

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