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General Discussion >> Thinking Globally >> Australia is going down even further
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Message started by easel on Oct 7th, 2015 at 5:27pm

Title: Australia is going down even further
Post by easel on Oct 7th, 2015 at 5:27pm
Trans-pacific partnership:


Quote:
Prime Minister Malcolm Turnbull has hailed a new 12-country trade deal which covers 40 per cent of the global economy as a "gigantic foundation stone" for Australia.

The Trans-Pacific Partnership (TPP) was clinched in the US city of Atlanta overnight after days of marathon talks and could influence everything from the price of cheese to the cost of cancer treatments.
http://www.abc.net.au/news/2015-10-06/pacific-nation-ministers-negotiators-lock-in-tpp-trade-deal/6829368


Quote:
The earliest genetic patents were issued in 1982, following the U.S. Supreme Court case of Diamond vs. Chakrabarty, which opened the door to patenting biotechnology discoveries.
http://www.genome.gov/19016590


Quote:
SYDNEY, Oct. 7 (Xinhua) -- Australia's highest court has ruled the breast cancer gene BRCA-1 cannot be patented following an appeal by an Australian patient against a U.S.-based biotechnology company.
http://news.xinhuanet.com/english/2015-10/07/c_134688676.htm

Title: Re: Australia is going down even further
Post by easel on Oct 7th, 2015 at 5:43pm

Quote:
South Korea on Tuesday expressed a renewed interest in joining the Trans-Pacific Partnership, the world’s single largest trading bloc which reached a landmark conclusion on Monday after more than seven years of negotiations.

“Korea will strive to join the mega free trade agreement in any form,” Deputy Prime Minister and Finance Minister Choi Kyung-hwan said Tuesday, adding that “the government will decide on the entry period after thoroughly analyzing the impacts of joining the TPP on the national economy.”
http://www.koreaherald.com/view.php?ud=20151006001111

Title: Re: Australia is going down even further
Post by easel on Oct 7th, 2015 at 5:44pm
Australia has just signed up to the Trans Pacific Partnership. This is designed to improve trade relations amongst signatory countries. That agreement has touted the benefits it will have in regards to the field of biomedical research. In the USA, where the big biotech companies are, you can patent genetic research to protect your time and effort in to research towards fighting diseases. Now an Australian court today has stated that that doesn't apply to Australia. Australia is literally destroying itself.

Title: Re: Australia is going down even further
Post by easel on Oct 7th, 2015 at 6:36pm

Quote:
Establish strong protections for patents, trademarks, and copyrights.
https://ustr.gov/trade-agreements/free-trade-agreements/trans-pacific-partnership/tpp-chapter-chapter-negotiating-9

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