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T.P.P Trans-Pacific Partnership (Principle goals (Low commercial barriers.…
T.P.P Trans-Pacific Partnership
Members
USA, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
Creation
January 1st, 2006
Mexico annexed in 2008
Principle goals
Low commercial barriers.
Stablish a common framework of intellectual property
Strengthen standars of right of work, evironmental rights
Stablish an arbitrary mechanism of differences of investor-state
Importance to Mexico
Can easily export its products to other countries rather that the USA
Ex. Nowadays China and Japan are big consumers of pork for human consumption, especially pork produced in the south of Mexico. (Kekén, located in Yucatán, México)
But senators argumented this agreement can hurt textile and shoe industry in Guanajuato, Mexico
Advantages
No tariffs in trade
Creation of jobs in 11 countries
Wants to protect wildlife and sustainable development
Disadvantages
The United States, Japan, and Canada agreed to lose some tariff protection for dairy, beef, and poultry producers.
opening up their automotive industries, that could cost local jobs while lowering the price of cars and trucks.
expanded powers for corporations to attack our environmental and health safeguards,
made it easier for big corporations to ship our jobs overseas, pushing down our wages and increasing income inequality,