Ambitious trade pact being negotiated among Pacific Rim nations fails to properly protect endangered species, environmental groups claim WASHINGTON — An ambitious trade pact being negotiated among Pacific Rim nations fails to properly protect endangered species and could undermine existing safeguards for the environment, environmental groups said on Wednesday.Documents released by whistle-blowing group WikiLeaks show countries negotiating the Trans-Pacific Partnership (TPP) did not plan to penalise trading partners that broke environmental promises — an issue that has caused a rift between the US and others in the bloc and is an obstacle to finalising the deal.The TPP would cover almost 40% of the global economy and create a free trade zone from North America to Japan and New Zealand, and the US is keen to end the talks in the coming months.But the World Wildlife Fund said a November draft of the environment chapter, which was among the documents released by WikiLeaks, lacked teeth ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.