TPP Negotiations Lack 'Oversight And Scrutiny,' Australian Parliament Report Reveals

June 29, 2015 7:54 PM

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An Australian parliamentary committee has issued a new report lambasting President Barack Obama's Trans-Pacific Partnership (TPP) trade accord for being too secretive and lacking adequate "oversight and scrutiny."

With U.S. Congress' approval of fast-track trade authority last week, the 12 countries in the proposed TPP are entering into the final stages of closed-door negotiations on what is expected to be the biggest-ever international trade pact, compromising 40 percent of global gross domestic product.

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