The TPP, the Trans Pacific Partnership Agreement, is finally under much discussion here. It is aimed to lift the whole tariff among the participant countries. Our government insists that the content of the agreement will be discussed by the participants after they determine joining it. The government and the bureaucrats behined them have intended to make this issue appear before the people as late as possible. It seems they are making a bit of success. But the public opinion is clearly divided as for this agreement scheme.
The major participant is undoubtedly the US. Learning the process of negotiations between the US and the other countries like Australia etc in the past, the core of this agreement should be that the major investors/companies, most of them being in the US, would have the previledge to get into the markets in the other participant countries. Of course, the outlook seems an even fair relationship among the participants. But being dominated by the major capitals in the US, the other countries seemed to obey the rule of the globalism, which is one-sided for the former major capitals.
One of the most serious issues is the ISD article, that is, the Investor State Dispute article, which enables the investors bring any case of disadvantage for them in the other countries to the court by an agency under WTO. They say that the court questions only if the investors have any disadvantage by any governmental legislation. No concern or consideration of the advantage for the people in particular country such as ecological issue or public welfare etc. There have been many cases of such suit all over the world since '90s. We should bitterly remember what the investors have brought to the developing countries in the past decades under the propaganda of the globalism.
They say the major insurance companies in the US intend to find their ways into the medical insurance market in Japan. The public insurance system in Japan should be a big barrier for those insurance capitals to get into the market. The TPP will break through this barrier by some means. There are some omens for that here. Our public insurance system is in danger for collapse due to the increased number of the senior citizen and the economic recession. It will be completely destroyed once the foreign major insurance capitals get into the market here. I don't believe this americanization of the health insurance system is not advantageous to the people here.
I won't approve the TPP in this scheme at present.