WikiLeaks releases today 17 secret documents
from the ongoing TISA (Trade In Services Agreement) negotiations which
cover the United States, the European Union and 23 other countries
including Turkey, Mexico, Canada, Australia, Pakistan, Taiwan &
Israel -- which together comprise two-thirds of global GDP. "Services"
now account for nearly 80 per cent of the US and EU economies and even
in developing countries like Pakistan account for 53 per cent of the
economy. While the proposed Trans-Pacific Partnership (TPP) has become
well known in recent months in the United States, the TISA is the larger
component of the strategic TPP-TISA-TTIP 'T-treaty trinity'. All parts
of the trinity notably exclude the 'BRICS' countries of Brazil, Russia,
India, China and South Africa.
The release coincides with
TISA meetings at the ministerial level at the OECD in Paris today (3–5
June). The 'T-treaty trinity' of TPP-TISA-TTIP is also under
consideration for collective 'Fast-Track' authority in Congress this
month.
The TISA release today
follows the WikiLeaks publication of the secret draft financial services
annex of the TISA negotiations on 19 June 2014 showing the aim to
further deregulate the financial sector, despite widespread consensus
that lack of oversight and regulation was the main cause of the last
global financial crisis of 2008. Today's release confirms the ongoing
determination to deregulate. Furthermore, standstill clauses will tie
the hands of future governments to implement changes in response to
changing environment.
Today's release is the
largest on secret TISA documents and covers numerous previously
undisclosed areas. It contains drafts and annexes on issues such as air
traffic, maritime, professional services, e-commerce, delivery services,
transparency, domestic regulation, as well as several document on the
positions of negotiating parties. WikiLeaks has also published detailed
expert analysis of the topics covered in today's release.
Browse the TiSA documents published by WikiLeaks here.