By Alex Yeager
The
Trans-Pacific Partnership is again drawing criticism, but not for its trade
implications. Instead, the much-maligned
deal is now being criticized for the special
legal rights it might grant financial institutions. The agreement is designed
to relax trade barriers between the United States, Japan, Canada, Mexico,
and eight other pacific-rim nations. Yet
the fear is that under the agreement banks
may be able to systematically circumvent domestic court systems to bring
special arbitral claims against foreign governments.
0 comments:
Post a Comment