- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Obama Free-Trade Authority to Create 'Global Governance Structure'

© AFP 2023 / BRENDAN SMIALOWSKIPeople protesting the TPP look at other protesters, as they rally to advocate for an increase in pay to $15 USD per hour, as part of a "Fight for $15" labor effort on Capitol Hill April 22, 2015 in Washington
People protesting the TPP look at other protesters, as they rally to advocate for an increase in pay to $15 USD per hour, as part of a Fight for $15 labor effort on Capitol Hill April 22, 2015 in Washington - Sputnik International
Subscribe
Senator Jeff Sessions said that giving President Barack Obama a fast-track authority to approve the secretive US Trans-Pacific Partnership (TPP) free-trade agreement would create a supra-national framework outside the authority of US legislators.

Anti-TTIP demo - Sputnik International
Lavrov Says TTIP, TPP Deals Undermine WTO Principles
WASHINGTON (Sputnik) Giving President Barack Obama a fast-track authority to approve the secretive US Trans-Pacific Partnership (TPP) free-trade agreement would create a supra-national framework outside the authority of US legislators, Senator Jeff Sessions stated in a Monday press release.

“In other words, through fast-track, Congress would be pre-clearing a political and economic union before a word of that arrangement has been made available to a single private citizen,” according to a letter Sessions sent to President Obama.

In his Monday press release, Sessions referred to the political and economic union as “the new global governance structure.”

Details of the TPP have been kept secret from the US public and made available to lawmakers only under classified settings.

Sessions, who viewed details of the classified TPP agreement, argued that one provision of the agreement, the creation of a TPP Commission, “has all the hallmarks of a nascent European Union.”

On May 22, 2015, the US Senate already voted to approve the so-called fast track authority to President Obama. The House of Representatives may vote on the measure as soon as this week, according to the House Republican leadership.

The fast track authority would allow the President to conclude negotiations on pending Trans-Pacific and Trans-Atlantic free-trade agreements, without giving the US Congress the ability to ratify them.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала