Well, it’s been branded as a trade agreement, but really it is enforceable corporate global governance. The agreement requires that every signatory country conform all of its laws, regulations and administrative procedures to what are 26 chapters of very comprehensive rules, only two of which have anything to do with trade. The other 24 chapters set a whole array of corporate new privileges and rights and handcuff governments, limit regulation. So the chapter that leaked—and it’s actually on the website of Citizens Trade Campaign, it’s a national coalition for fair trade—that chapter is the chapter that sets up new rights and privileges for foreign investors, including their right to privately enforce this public treaty by suing our government, raiding our Treasury, over costs of complying with the same policies that all U.S. companies have to comply with. It’s really outrageous.
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