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Leaked TPP draft shows agreement on investments – get the inside story

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A leaked draft of negotiating text for a Trans-Pacific Partnership has grabbed national headlines. But an exclusive World Trade Online analysis of the document, released by Wikileaks, identifies key issues to be resolved before a final TPP agreement can be reached.

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TPP Investment Leak Reveals Remaining Issues Are ISDS Scope, Capital Flows

A purported text of the Trans-Pacific Partnership (TPP) investment chapter published by Wikileaks reveals that negotiators have reached consensus on nearly all of its provisions except for the scope of the investor-state dispute settlement (ISDS) mechanism and the extent to which signatories would be allowed to restrict capital flows in order to mitigate a financial crisis.

On capital controls, negotiators are debating two possible exceptions, one of which could be invoked under narrow conditions and another under broader ones, according to the draft text, which was dated Jan. 20 and leaked March 25. In addition, Chile is seeking a blanket exception for any capital controls it imposes in accordance with domestic law.

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