As rich countries move away from dispute-settlement mechanisms that give corporations power to block environmental protections, Manuel Pérez-Rocha says they keep imposing them on developing countries through trade pacts.
The president followed his remarks Monday by unveiling an Indo-Pacific trade pact designed to advance U.S. corporate interests and counter Chinese influence in the region.
Exclusive: It’s been a rough year for neo-liberalism and its orthodoxy about global “free trade,” now including the political defeat of President Obama’s Trans-Pacific Partnership trade deal, writes Chelsea Gilmour.