NOTE: Donald Trump signed an executive order on January 23, 2017, taking the U.S. out of the TPP trade deal. Canada was a signatory to the TPP. It was celebrated – – the TPP is dead! HOWEVER,
IMPORT CLAUSES FROM ONE TRADE DEAL TO ANOTHER, SOME EXAMPLES, REMEMBERING THAT I AM NOT AN EXPERT ON THE TRADE DEALS!
Because the same corporates and bureaucrats are behind the “trade deals” – – be prepared, the re-negotiation of NAFTA may involve a huge push by them to get into NAFTA the same things, and more, as they are trying to get in the other trade deals.
- Delores, publisher of Beyond Banksters, points out, in addition to the bankster clauses, the LIFE SPAN clauses:
CETA: 35 year life (outrageous)
NAFTA, 1994, Jan. 1: 6 month notice to withdraw. (anticipate attempt to get 35 years?)
2. Newspapers mention the currency manipulation rules. Even though Canada and Mexico aren’t currency manipulators, the corporates feel it may be possible to “springboard” the measures (from a new NAFTA) into agreements elsewhere in the world.
3. INTELLECTUAL PROPERTY (IP) CLAUSES FROM TPP INTO NAFTA:
It is against the backdrop of the withdrawal of the U.S. from TPP that NAFTA’s three member nations will negotiate an updated NAFTA IP chapter. The TPP IP chapter will almost certainly be the starting point for negotiations. Canada was instrumental in striking balances between U.S. and developing country positions on key IP issues including pharmaceutical data protection and internet service provider liability for third-party copyright infringement. Expect the U.S. to continue to push Canada to ratchet up its IP protection or, at minimum, to use IP concerns as negotiating leverage for more contentious issues.
Canada is unlikely to capitulate on IP issues this time around. It has already made IP concessions in the course of Comprehensive Economic and Trade Agreement (CETA) negotiations, expanding IP protection for pharmaceuticals and signing on to all major IP treaties. The Canadian Intellectual Property Office now indicated it will begin consultations to implement CETA-related changes this summer. Additionally, the Government of Canada has stated it is developing a 21st-century intellectual property strategy, which will be applied not only to NAFTA, but also to ongoing trade negotiations with China, MERCOSUR, the remaining TPP members and others. Canada is far better prepared for a trade-related IP negotiation than it has ever been and may even see fit to push back on TPP concessions.