"Groups Urge U.S. Congress To Reject TPP Over Environmental Concerns"

"More than 450 groups on Monday called on Congress to reject the Trans-Pacific Partnership if it comes up for a vote this fall, saying the trade deal would allow fossil fuel companies to contest U.S. environmental rules in extrajudicial tribunals.

The groups, most of them environmental organizations, warned that companies could challenge U.S. environmental standards in tribunals outside the domestic legal system under provisions of the 12-nation TPP and the proposed Transatlantic Trade and Investment Partnership (TTIP) with Europe.

Congress is expected to vote on the TPP after the Nov. 8 election during a lame-duck session. President Barack Obama wants the agreement ratified before he leaves office on Jan. 20, but opposition to the deal has grown during this year's presidential campaign."

Valerie Volcovici reports for Reuters June 6, 2016.

Source: Reuters, 06/07/2016