Re:US Announces Withdrawal from TPP
by vacri on Sunday January 22, 2017 @08:15AM
(#13455043)
Apple doesn't need that insurance (not that anyone could cover it anyway). They have $200B in liquid funds, which they can use to set up shop elsewhere.
> Regimes can simply decide to seize company assets
And they can ignore the provisions in a treaty they sign, too. If a country is willing to start seizing assets and taking the usual penalties in business for doing so, the TPP isn't going to mean much.
Treaties are only as powerful as their ability to be enforced (whether that's militarily, politically, or economically). Have a look at the state of the 19th C treaties between the USA and various Indian nations for a crystal-clear example of this.
> Regimes can simply decide to seize company assets
And they can ignore the provisions in a treaty they sign, too. If a country is willing to start seizing assets and taking the usual penalties in business for doing so, the TPP isn't going to mean much.
Treaties are only as powerful as their ability to be enforced (whether that's militarily, politically, or economically). Have a look at the state of the 19th C treaties between the USA and various Indian nations for a crystal-clear example of this.