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Robb Fails to Soothe Concerns over TPP Trade Pact

Posted October 27, 2014

Under Economic Issues, International Trade Issues

(Leith van Onselen – Macrobusiness)

Coalition trade minister, Andrew Robb, has moved to quell concerns over the Trans-Pacific Partnership (TPP) – the proposed regional trade agreement between 12 Pacific Rim countries, including Australia – claiming that it will not sell Australia short, while lashing-out at the deal’s opponents. [...]

Unfortunately, the Coalition’s track record is dubious when it comes to safeguarding Australia’s interests in trade agreements.

Under the Australia-US Free Trade Agreement (FTA), concluded by the Howard Government, Australia saw both patent and copyright terms extended, which has raised the cost of pharmaceuticals and copyrighted materials. Read more here.