According to a document leaked on Wednesday, July 13, the Obama administration is considering a provision in the Trans-Pacific Partnership agreement that would allow foreign/multinational corporations operating in the US to sidestep domestic laws regardin

The United States has been engaged in discussion with eight Pacific
nations to come to agreement on the terms of the proposed Trans-Pacific
Partnership, a free trade contract that would allow for a more open
system of exchange between the US and less developed nations.



...



According to the leaked excerpt, the Obama administration has been
considering TPP provisions that would allow foreign corporations
operating within
the United States to appeal regulations on the environment and banking
that would be forced on American-owned businesses
with no chance of reprieve.
While the United States could be sanctioned for failing to impose
regulations on American-run businesses, multinational corporations are
practically
encouraged to do as much because the TPP outlines a clear avenue to file
an appeal. If one of the eight Pacific nations chooses to do as much,
their
plea would be heard by an international tribunal that could overrule US
law.



From: rt.com...