28.02.2016 - 10:09 [ Techdirt ]

New Zealand Says Laws To Implement TPP Will Be Passed Now, Despite US Uncertainties, And Won‘t Be Rolled Back Even If TPP Fails

As Techdirt has noted, there is evidence from multiple sources that TPP will produce negligible economic benefits for most of the nations involved. Some governments are clearly well aware of this, because they are desperate to avoid an objective cost-benefit evaluation that would show that claims about TPP‘s value don‘t stack up. Even given that pig-headed determination to push the deal through, basic prudence would surely dictate that before making all the complex legislative changes required by TPP, countries should at least wait to see whether it‘s going to happen. Not in New Zealand, apparently, judging by this blog post by Kennedy Graham, a Member of Parliament for the Green party there: