«WikiLeaks has released a thousands of documents that critics of free trade said shows how officials negotiating the Trade in Services Agreement, or TiSA, could force privatization on public institutions around the world.The most surprising revelations in the WikiLeaks documents released this week involve state-owned enterprises, or SOEs — government-owned corporations that often operate like private businesses but pursue public goals, experts said.
WikiLeaks and others claim that negotiators from the United States and 22 other countries want to erode SOEs to clear the way for multinational corporations to take over their functions. TiSA would seek to lower trade barriers for finance, telecommunications and other service industries. It would cover around 75 percent of the world’s $44 trillion services market, according to the Office of the US Trade Representative.
“This corporatization of public services — to nearly the same extent as demanded by the recently signed TPP — is a next step to privatization of SOEs on the neoliberal agenda behind the ‘Big Three,'” said a WikiLeaks statement.»
vice.com
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