For immediate release: FIRST Union, 4 June 2015
Secret trade negotiation a backdoor to deregulation
This morning’s leak of documents from the highly secretive Trade in Services Agreement (TISA) negotiations are a backdoor to widespread deregulation, according to FIRST Union General Secretary Robert Reid.
“The documents demonstrate that the government is trying to lock New Zealanders out from deciding how services are regulated, including in FIRST Union’s coverage areas of finance and transport, as well as telecommunications, post and the professions.”
“‘Liberalisation of trade in services’ is trade-speak for limiting government influence over the services that New Zealanders use every day. The NZ government’s involvement in these negotiations shows utter contempt for the democratic process, giving foreign investors and corporates disproportionate control over how services are regulated.”
“In the finance sector this means a free pass to the big banks to operate on a global scale with minimal regulation, driving down costs and employment conditions through off-shoring. Banks are solely concerned about maximising their profits. They take no responsibility for financial instability and crisis, leaving working class people to bear the brunt of the losses.”
“For the transport sector, service liberalisation will be a gift to large transport companies, driving down safety and employment conditions while creating barriers for government investment management or operation of national transport infrastructure.”
“TISA is not an economic development plan, it’s the kind of backdoor deal that would make even FIFA proud.”
“The secret Multilateral Agreement on Investment (MAI) negotiations from the 1990s fell to pieces as information about its potential impacts started to come to light. FIRST Union categorically opposes secret ‘trade’ negotiations and calls on the government to make all negotiations public immediately so democracy can take its course.”
ENDS
Morgan Godfery
Communications and Media Officer
Can this info not be shown in the Herald so everyone can see?.no probably not
This is the reason John Campbell was pushed out ,he would let everyone know.Relying on MSM is useless, they are part of the corruption.
Read todays news on Wake up NZ to see the way we are being taken over by corporations. Its very serious the way corporations are buying up people in senate and maybe congress,utter criminality and corruption.
Talks also of the bribe of Saudi businessman by Key regarding sheep, so much is speeding up to take sovereignty away from TPP and TISA country participants.
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