+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
By Anandashankar Mazumdar
This represents the latest step in efforts by Wyden and others to open up trade negotiation proceedings to public and congressional participation.
In March, for example, Wyden proposed an amendment to a stimulus bill that would prevent the Anti-Counterfeiting Trade Agreement from going into force without formal approval of Congress and require the USTR's office to disclose its position regarding the ongoing Trans-Pacific Partnership Agreement negotiations (54 PTD, 3/21/12).
Legislators such as Wyden and Rep. Darrell E. Issa (R-Calif.) have tried to pressure the administration to disclose the working texts of trade negotiators and have on occasion publicized leaked texts (44 PTD, 3/7/12).
S. 3225 is described as “a bill to require the United States Trade Representative to provide documents relating to trade negotiations to Members of Congress and their staff upon request, and for other purposes.”
[T]he majority of Congress is being kept in the dark as to the substance of the TPP negotiations, while representatives of U.S. corporations--like Halliburton, Chevron, PHRMA, Comcast, and the Motion Picture Association of America--are being consulted and made privy to details of the agreement As the Office of the USTR will tell you, the President gives it broad power to keep information about the trade policies it advances and negotiates, secret. Let me tell you, the USTR is making full use of this authority.
Wyden said that he disagrees with such administration claims that the TPP negotiations have been conducted with sufficient transparency.
[I]t seems that some in the Executive Branch may be interpreting the law that established the COG to mean that only the few Members of Congress who belong to the COG can be given access to trade negotiation information, while every other Member of Congress and their staff, must be denied such access. …
The bill was referred to the Senate Committee on Finance. Wyden is the chairman of the Finance Subcommittee on International Trade, Customs, and Global Competitiveness.
By Anandashankar Mazumdar
Congressional Record statement at /uploadedFiles/Content/News/Legal_and_Business/Bloomberg_Law/Legal_Reports/CongRecMay24WydenS3225(1).pdf
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).