FWIW, the ISDS cases referred to in that video have all been lost, with costs.
> sovereignty
Buzzword. A nation is always free to enter and leave contracts for mutual benefit.
> In addition, I don't understand those that think boxing out Russia and China from the rest of Europe and Asia is a good thing.
Vastly preferable to being boxed out of Europe and Asia by the aforementioned powers. Don't be naive.
Re:US Announces Withdrawal from TPP
by kerbalspacepro on Sunday January 22, 2017 @07:40PM
(#13458721)
>I don't understand those that think boxing out Russia and China from the rest of Europe and Asia is a good thing.
The idea is that if you can connect the economies of small regional powers (Korea, Japan, Vietnam or Poland, Romania, Hungary) more than they're connected to the regional hegemon, and you connect those powers to the US, then you will have a balance of power in the region that makes war impossible.
And that's the existing trade deals, TPP would have made it much worse. There is a reason why democratically elected governments need to protect their sovereignty. The scope of the legal provisions along with the requirement to use easily corruptible mediation is superfluous to free trade.
In addition, I don't understand those that think boxing out Russia and China from the rest of Europe and Asia is a good thing.