
The image above poses the classic riddle; is the glass half full (i.e. positive and moving toward fulfilment) or the opposite, half empty. It depends on how you interpret recent developments affecting the possible outcome of the Trans-Pacific Partnership (TPP) trade negotiations that occurred in Danang, Vietnam, where the TPP leaders met. At Canada’s instigation, a planned statement on an “agreement in principle” was modified to an “agreement on core elements” with more work to be done on a number of issues, with some others set aside for now. The “new TPP” is composed of 11 countries (Canada, Australia, Mexico, New Zealand, Peru, Singapore, Chile, Malaysia, Brunei and Vietnam), down from the original 12 since the US pulled out, and is now apparently to be known as the Comprehensive and Progressive Trans-Pacific Partnership, the CPTPP. (Probably both supporters and skeptics can agree that this new moniker is a mouthful.) Continue reading “The Suspension of IP Provisions in the TPP Negotiations and NAFTA: What’s the Connection?”