By Thomas Marois for TNI - The Trade in Services Agreement (TiSA) is an attack on the future publicness of public banking around the world. This briefing is about how the Trade in Services Agreement (TiSA) would be an attack on the future publicness of public banking around the world. Despite 30 years of privatisation, publicly owned banks remain active in most countries and communities. Yet the importance of TiSA to the future of public banks has yet to be raised as a fulcrum of resistance. Indeed, by privileging a private, profit-oriented vision of financial services over the public good and public provisioning, TiSA will impact public banks’ mandates and capacities to serve the public interest, directly and indirectly, now and in the future. In this way, public banks will be pressured to internalise the interests of a global, private, corporate elite by forcing their activities into increasingly narrow competitive market logics – this being a precursor to eventual bank privatisation. Again, we do not claim that public banks are perfect, but they do a lot of good.
By Peter Dolack of Systemic Disorder - Think the ideas behind the Trans-Pacific Partnership or the so-called “free trade” regime are buried? Sadly, no. Definitely, no. Some of the countries involved in negotiating the TPP seeking to find ways to resurrect it in some new form — but that isn’t the most distressing news. What’s worse is the TPP remains alive in a new form with even worse rules. Meet the Trade In Services Agreement, even more secret than the Trans-Pacific Partnership. And more dangerous. The Trade In Services Agreement (TISA), currently being negotiated among 50 countries, if passed would prohibit regulations on the financial industry, eliminate laws to safeguard online or digital privacy
By Staff of Bilaterals - A swathe of new documents from the last round of Trade in Services Agreement (TiSA) negotiations in November 2016 involving 23 parties (representing 50 countries) was posted on http://www.bilaterals.org/?+-tisa-+ today. The documents include the core text and annexes on telecommunications, e-commerce, localisation provisions, restraints on domestic regulation, temporary movement of services labour, state-owned enterprises, maritime, road and air transportation, and delivery services. Many of these documents have shading that shows what is – and is not – agreed. At an initial reading the documents confirm five things...
By Popular Resistance. On January 23, 2017, President Trump kept his campaign promise to withdraw the United States from the Trans-Pacific Partnership (TPP). This action was taken because of the work of activists across the U. S. who care about a variety of issues that would be impacted by the TPP. It was the people working together in broad coalitions that made the TPP so politically toxic that politicians ran away from it. People have the power to bring transformational change. It is time to end the failed model of trade and demand a new era of globalization that strengthens protections of workers, families, communities and the planet rather than protecting corporate profits.
By Deborah James for CEPR. Fair Traders who are celebrating the defeat of the Trans-Pacific Partnership (TPP) may see their hard work undone if the talks towards the proposed Trade in Services Agreement (TiSA) continue under a Trump administration. Many Democrats who minimized the importance of the negative impacts of corporate trade deals on working class Americans have now paid the price in the recent elections. Trump has promised to withdraw from the TPP. Likewise the talks with the EU on a Transatlantic Trade and Investment Partnership (TTIP) are on hold. In the EU, the EU-Canada agreement, known as CETA, is in limbo while the European Court of Justice decides whether the dispute settlement mechanism in the agreement complies with EU law. Unfortunately there is still a corporate trade agreement under negotiation that has so far received scant attention: the proposed Trade in Services Agreement (TiSA).
By Deborah James for Huffington Post. Today, for the first time, WikiLeaks released demands by the EU to lock in a wide list of services sectors to TISA’s privatization and deregulation provisions, including public services in developing countries. In the mid-2000s, when European campaigners leaked similar demands during corporate efforts to expand the General Agreement on Trade in Services, the EU was forced to walk back many of those demands. The European pressure on developing countries was widely condemned by the public, and revealed the corporate, antidevelopment efforts behind the deal, just as they are revealed today. Globalization’s cheerleaders are all hand-wringing about the widespread opposition to trade pacts. But what they don’t acknowledge is that people around the world are not rejecting “trade,” they are rejecting corporate control over our lives. People want to live in a democracy; they want quality, accessible public services; a well-regulated financial sector; and decent jobs for all.
By Staff for Politico Morning Trade. Trade agreements have become politically toxic. President Obama has three trade deals he has been pursuing, the Trans Pacific Partnership (TPP), the TransAtlantic Trade and Investment Partnership (TTIP) and the Trade in Services Agreement (TiSA). They all need to be stopped. The administration has used secrecy as their key tool. Their view is the less people know, the more likely an agreement is to become law. Why? Becuase these agreements are unpopular. They are written by and for transnational corporations and not for the protection of people and the planet. During the 2016 election we have seen how these agreements have become politically toxic. Obama hopes to get the TPP through a lame duck session of Congress, a time when many members of Congress are in their last session because they are retiting or lost re-election. He knows he could not get the TPP through Congress at any other time this year. We need to stop these agreements and then demand a total rethinking of how trade proceeds. We can create trade agreements that serve the economy but also serve the interests of the people in safe good and services, living wages and safe conditions for workers, as well as aid the world in dealing with climate change and protecting the environment.
By Staff of Flush The TPP - Today, Thursday, 15 September 2016, 11:00am CEST, on the eve of new negotiations, WikiLeaks releases new secret documents from the controversial Trade in Services Agreement (TiSA) currently being negotiated by the US, EU and 22 other countries that account for over 2/3rds of global GDP. According to World Bank figures services comprise around 75% of the EU economy, 80% of the US economy and the majority of economies of most countries.
By Ian Johnston for The Guardian - Government insists 'public services are under no threat whatsoever from this deal' An international trade deal being negotiated in secret is a “turbo-charged privatisation pact” that poses a threat to democratic sovereignty and “the very concept of public services”, campaigners have warned. But this is not TTIP – the international agreement it appears campaigners in the European Union have managed to scupper over similar concerns – this is TISA, a deal backed by some of the world’s biggest corporations, such as Microsoft, Google, IBM, Walt Disney, Walmart, Citigroup and JP Morgan Chase.
By Staff of Global Justice Now - A global trade deal currently being negotiated in secret and involving 50 different countries could prove to be a serious threat to public services according to a briefing published today by campaign group Global Justice Now. The Trade In Services Agreement (TISA) is a proposed international trade treaty between 23 parties, including the European Union and the United States. Unlike most trade deals, TISA is about services, not goods.
By Paola Casale for Economy In Crisis - Not much is known about the Trade in Services Agreement, otherwise known as TISA. However the little that has been made public, or the little that has been leaked, has caused much concern. The Trans Pacific Partnership (TPP) pales in comparison to TISA and it makes the Transatlantic Trade and Investment Partnership (TTIP) seem small. It is, however, most similar to the World Trade Organization (WTO).