- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Kerry: US Sovereignty Unaffected by Asia-Pacific Trade Pact

© REUTERS / Michael DalderU.S. Secretary of State John Kerry reacts during the chairman's debate at the 51st Munich Security Conference at the 'Bayerischer Hof' hotel in Munich February 8, 2015
U.S. Secretary of State John Kerry reacts during the chairman's debate at the 51st Munich Security Conference at the 'Bayerischer Hof' hotel in Munich February 8, 2015 - Sputnik International
Subscribe
Kerry claims that the 12 nation Trans-Pacific Trade agreement will not undermine the sovereignty of the United States.

WASHINGTON (Sputnik) — The 12 nation Trans-Pacific Trade (TPP) agreement will not undermine the sovereignty of the United States, US Secretary of State John Kerry stated on Tuesday in response to criticism of the trade pact at Boeing in the US state of Washington.

“The agreement will not take away any sovereign rights of our nation, of any nation, it is not going to allow anyone to change our laws other than the US Congress,” Kerry said.

People protesting the TPP look at other protesters, as they rally to advocate for an increase in pay to $15 USD per hour, as part of a Fight for $15 labor effort on Capitol Hill April 22, 2015 in Washington - Sputnik International
Obama's TPP: Bold Plan or Secret Corporate Takeover?
The TPP is set to become the largest free trade deal, involving 12 countries from the Asia-Pacific region, including Australia, Japan, Mexico and Canada. The deal is expected to cover about 40 percent of the global economy.

Opponents of the trade pact argue it could undermine US sovereignty, including environmental regulations.

On Thursday, the US Senate passed a measure that would allow debate on granting the administration of US President Barack Obama trade promotion authority.

The fast track trade bill would give Obama authority to conclude negotiations on the TPP agreement with major Asia-Pacific countries without Congress being able to amend the agreement.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала