TPP11: Mexico and New Zealand accept side letters, President Boric says

Within the framework of the discussion for TPP11, this Friday the President Gabriel Boric Chile has already reached side agreements with Mexico Y New Zealand To abolish the investor-state dispute settlement mechanism.

The president’s strategy is to wait for negotiations — before ratifying the international agreement in the Senate. Side characters (side covers) with the other 10 member states of the international agreement, Develop dispute resolution mechanismsBefore depositing.

“We are trying to get side cards with different countries. We have already achieved them with Mexico and New Zealand and we are well advanced with Peru. “We had an interesting conversation with Australia and Vietnam,” Poric said in a conversation with Radio Sol during his tour of Antofagasta.

His decision to wait for bilateral agreements has created an uproar among some parliamentarians, who have raised concerns about the delay in ratifying the deal.

Facing questions, the President reaffirmed that he would respect the sovereignty of Congress and the Senate.

“We are going to carry out the mandate we got from there. I don’t want to go to war with the Senate under any circumstances.”, he pointed out.

The head of state pointed out that there are doubts about the deadline for ratifying the international agreement.I hope this period will be short. I don’t want to give a specific time frame because it depends on the conversations, which we are not the only part of.”

During the conversation, the President also acknowledged his objections to TPP11.are different“And promised”Based on the economies of the countries that are part of it, it is the third most relevant trade agreement in the world.”.

“Many times in this debate, the arguments seem to lack a certain penetration of the facts from the side, which is why it’s important to try to put the ball on the ground,” he said in this regard.

“Let’s remember that after the US exits under Justin Trudeau and Canada enters, the US exits under the Trump administration. They change some aspects that are very important to us”, he explained.

Then he recalled”I voted expressly against TPP11 in the House of Representatives”, but “with the withdrawal of the US, the intellectual property chapter was completely removed, That was something that worried us a lot”.

However, he explained furtherAnother aspect that is important to us is related to the dispute resolution mechanism” And this is the reason why they encouraged negotiations from La Moneda Side characters.

Along these lines, he emphasized, “it is not only us, but from the European Union, in particular, that the process of discussion regarding the mechanisms has begun.”