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US SECRETARY of State John Kerry tried to sell a controversial trade deal to Pacific Rim nations yesterday.
Speaking in Singapore, Mr Kerry claimed the Trans-Pacific Partnership (TPP) would benefit the people of all nations involved and serve as a model for responsible global industry and commerce.
“Because major economies are committing to TPP’s high standards, its influence will be felt not just in the region but beyond,” he said. “It will send a message to people within the TPP and outside of support for good governance, transparency and accountability.”
Mr Kerry’s address at Singapore Management University came just days after trade ministers failed to bridge final gaps and seal the accord at talks in Hawaii.
The free-market pact will lead to a race to the bottom in pay and conditions, food and drug safety and pollution control.
