Trans-Pacific Partnership Signed in New Zealand amid Mass Protests

Wednesday, February 10, 2016
By Paul Martin

By Tom Peters
Global Research
February 10, 2016

On February 4, tens of thousands of people protested throughout New Zealand against the formal signing of the US-led Trans-Pacific Partnership (TPP) agreement by representatives from 12 countries. The signing follows years of secret negotiations between the US, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Approximately 20,000 people marched through Queen Street and thousands rallied outside the SkyCity Casino in Auckland where the deal was signed. Protesters held placards and chanted slogans denouncing the TPP as a power-grab by US-based multinational corporations.

The rallies reflected widespread opposition to the TPP in the working class. The agreement will strengthen multinational corporations throughout the Asia-Pacific region, giving them greater power to outsource jobs and attack workers’ conditions. A study published last month by Tufts University researchers estimates that intensified competition under the TPP could cost 450,000 US jobs, 75,000 Japanese jobs, 58,000 Canadian jobs and 5,000 New Zealand jobs by 2025.

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