Experts Question Whether Trans Pacific Partnership Is Right for Cambodia

[geovalin]

Hul Reaksmey, VOA Khmer

Economists and trade experts say Cambodia should consider carefully whether to ever join the Trans Pacific Partnership, a large trade initiative led by the US that so far includes 12 countries.

Chan Sophal, director of the Center for Political Studies, told VOA Khmer that the partnership includes a lot of conditions imposed by developed countries, so Cambodia could have a hard time meeting them, and must weigh the costs and benefits of the deal, regardless.

“We must have a calculation, make an evaluation, and study and think comprehensively, so that we can get a significant understanding,” he said.

“Our country lags behind many countries in Asean in terms of development, and we would have difficulty in meeting different conditions,” he said. “I think that this TPP has political concepts, because it is led by the US, Japan, and other countries that have put a lot of effort in creating a region to do trade broadly, in order to counter different views that would be in favor of China.”

source: http://www.voacambodia.com/content/experts-question-whether-trans-pacific-partnership-is-right-for-cambodia/2998533.html

[BuaBS]

Don't do it Cambodia ( and Thailand ) . It is an opaque scheme to benefit the US and US companies. The US want more tax payers than its own population ,they want you to pay.

[Srikcir]

Don't do it Cambodia ( and Thailand ) . It is an opaque scheme to benefit the US and US companies. The US want more tax payers than its own population ,they want you to pay.

Funny assertion.

It has been US companies that are promoting EXPORT of US jobs through the TPP that has Senator Bernie Sanders and Hillary Clinton opposing the trade scheme. Bernie and Hillary claim that the resulting manufacturing job losses (especially among newly arrived immigrants) will cause a greater tax burden on Americans (not foreigners). For Cambodia the TPP opens a huge market for its goods.

Thailand just joined TPP. So don't give up the market opportunity.

[BuaBS]

Some of it has leaked on...wikileaks : an analysis :

https://www.eff.org/deeplinks/2015/10/final-leaked-tpp-text-all-we-feared