After Peru signed a TPP-like free trade pact with the U.S. in 2007, it has become the largest exporter of fresh asparagus. But asparagus monoculture/agribusiness has resulted in water shortages in the Ica Valley.
Signing the TPP has provoked a debate on whether, when it comes into force, there will be a potential spike in medicines prices.
More than 2,000 people marched in Lima, Peru in opposition to the government’s plan to privatize public water services.
This is the fifth time Peruvians have demonstrated against the free-trade agreement since the beginning of the secret negotiations. Police violently clashed with protesters.
It’s no joke. The consequence that the Transpacific Treaty on Economic Cooperation (the English acronym for which is the TPP) recently signed by 12 countries in the Pacific Ocean, including Mexico, Peru and Chile on this side of the Pond, has on access to medicines is brutal.
Citizen opposition to the signing of the TPP will take place throughout the region, with joint mobilizations taking place in Peru and Argentina.
Economic growth and expanding middle class is fuelling demand for US agricultural products.
Hoping to increase bilateral trade with India, South American nation Peru is looking to sign a Free Trade Agreement (FTA) with India in the next three to four years, a successful achievement of which will make it the first Latin American country to have an FTA with India.
Writing pharmaceutical regulations into international trade deals can have costly consequences.
TPP negotiators hope to finalize the agreement in the next few days. Political leaders will boast of promoting the well-being of their people and countries. But the reality is that special interests have been given far too much influence on the negotiations.
Analysts say policies initiated under the Free Trade Agreement with the US have taken away labor rights for hundreds of thousands of working class Peruvian citizens.
Advantages and disadvantages of free trade between USA and Peru.
Peru’s Minister of Foreign Trade and Tourism Magali Silva and Thailand’s Deputy Minister of Commerce Apiradi Tantraporn agreed to continue moving forward towards the signing of a Free Trade Agreement and strengthen trade ties between the two countries.
An Environmental Investigation Agency report undermines the Obama administration’s argument that free trade helps protect the environment.
The Philippines is set to engage into free trade agreement talks with Peru, a senior government official said on Wednesday.
Imagine Trade Minister Tim Groser gets to the meeting of ministers to do the final horse-trading for the Trans-Pacific Partnership Agreement (now slated to happen in late May 2015), plays his final hand and signs away our future for a carton of milk powder. He will know that’s not really the end game: a final deal is not a final deal until the US Congress says so. The US has two more aces in its hand.
On Monday, a coalition of Peruvian civil society organizations issued a strong warning as negotiations for the Trans Pacific Partnership treaty (TPP) come to an end.
A text that Peru and 11 other countries (including the US) are negotiating in secret, seeks to expand drug patents for more than 20 years thus generating millions of overheads for our health system and making it even more difficult to obtain biological medicines against cancer.
Peru hopes to upgrade access to the US market for farm products.
India will soon initiate the feasibility process to launch negotiations for a free trade agreement with Russia and Peru, a move aimed at enhancing economic ties with these nations.