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You are here: Home / Archives for Global Economy

WikiLeaks strikes again: Leaked TISA docs expose corporate plan for reshaping global economy

June 4, 2015 by Nasheman

Leaked Docs reveal that little-known corporate treaty poised to privatize and deregulate public services across globe

"It’s a dark day for democracy when we are dependent on leaks like this for the general public to be informed of the radical restructuring of regulatory frameworks that our governments are proposing," said Nick Dearden, director of Global Justice Now. (Image created by Common Dreams)

“It’s a dark day for democracy when we are dependent on leaks like this for the general public to be informed of the radical restructuring of regulatory frameworks that our governments are proposing,” said Nick Dearden, director of Global Justice Now. (Image created by Common Dreams)

by Sarah Lazare, Common Dreams

An enormous corporate-friendly treaty that many people haven’t heard of was thrust into the public limelight Wednesday when famed publisher of government and corporate secrets, WikiLeaks, released 17 documents from closed-door negotiations between countries that together comprise two-thirds of the word’s economy.

Analysts warn that preliminary review shows that the pact, known as the Trade in Services Agreement (TISA), is aimed at further privatizing and deregulating vital services, from transportation to healthcare, with a potentially devastating impact for people of the countries involved in the deal, and the world more broadly.

“This TISA text again favors privatization over public services, limits governmental action on issues ranging from safety to the environment using trade as a smokescreen to limit citizen rights,” said Larry Cohen, president of Communications Workers of America, in a statement released Wednesday.

Under secret negotiation by 50 countries for roughly two years, the pact includes the United States, European Union, and 23 other countries—including Israel, Turkey, and Colombia. Notably, the BRICS countries—Brazil, Russia, India, China, and South Africa—are excluded from the talks.

Along with the Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) negotiations, which are also currently being negotiated, TISA is part of  what WikiLeaks calls the “T-treaty trinity.” Like the TTP and TTIP, it would fall “under consideration for collective ‘Fast-Track’ authority in Congress this month,” WikiLeaks noted in a statement issued Wednesday.

However, TISA stands out from this trio as being the most secretive and least understood of all, with its negotiating sessions not even announced to the public.

Wednesday’s leak provides the largest window yet into TISA and comes on the heels of two other leaks about the accord last year, the first from WikiLeaks and the other from the Associated Whistleblowing Press, a non-profit organization with local platforms in Iceland and Spain.

While analysts are still poring over the contents of the new revelations, civil society organizations released some preliminary analysis of the accord’s potential implications for transportation, communication, democratic controls, and non-participating nations:

  • Telecommunications: “The leaked telecommunications annex, among others, demonstrate potentially grave impacts for deregulation of state owned enterprises like their national telephone company,” wrote the global network Our World Is Not for Sale (OWINFS) in a statement issued Wednesday.
  • Transportation: The International Transport Workers’ Federation (ITF), comprised of roughly 700 unions from more than 150 countries, warned on Wednesday that the just-published documents “foresee consolidated power for big transport industry players and threaten the public interest, jobs and a voice for workers.” ITF president Paddy Crumlin said: “This text would supercharge the most powerful companies in the transport industry, giving them preferential treatment. What’s missing from this equation is any value at all for workers and citizens.”
  • Bypassing democratic regulations: “Preliminary analysis notes that the goal of domestic regulation texts is to remove domestic policies, laws and regulations that make it harder for transnational corporations to sell their services in other countries (actually or virtually), to dominate their local suppliers, and to maximize their profits and withdraw their investment, services and profits at will,” writes OWINFS. “Since this requires restricting the right of governments to regulate in the public interest, the corporate lobby is using TISA to bypass elected officials in order to apply a set of across-the-board rules that would never be approved on their own by democratic governments.”
  • Broad impact: “The documents show that the TISA will impact even non-participating countries,” wrote OWINFS. “The TISA is exposed as a developed countries’ corporate wish lists for services which seeks to bypass resistance from the global South to this agenda inside the WTO, and to secure and agreement on servcies without confronting the continued inequities on agriculture, intellectual property, cotton subsidies, and many other issues.”

The warnings follow concerns, based on previous leaks, that TISA poses a threat to net neutrality, internet freedoms, and privacy.

Moreover, global social movements charge that the deal poses a threat to democracy itself.

In a letter released in September 2013, 241 civil society groups from around the world aired concerns about the TISA deal: “Democracy is eroded when decision-making about important sectors– such as financial services (including banking, securities trading, accounting, insurance, etc.), energy, education, healthcare, retail, shipping, telecommunications, legal services, transportation, and tourism– is transferred from citizens, local oversight boards, and local or provincial/state jurisdiction to unaccountable trade’ negotiators who have shown a clear proclivity for curtailing regulation and prioritizing corporate profits.”

Analysts note that the leak underscores the intense secretiveness of the talks, whose texts are supposed to be kept completely secret for five years following the reaching of a deal or abandonment of the process.

“That the negotiating texts say they are supposed to stay secret for five years is quite shocking, and therefore it is really important that the text is made public,” Melinda St. Louis, international campaigns director for Public Citizen’s Global Trade Watch, toldCommon Dreams.

“It’s a dark day for democracy when we are dependent on leaks like this for the general public to be informed of the radical restructuring of regulatory frameworks that our governments are proposing,” said Nick Dearden, director of Global Justice Now, in a statement released Wednesday.

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Filed Under: Uncategorized Tagged With: Global Economy, TISA, WikiLeaks

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