The classified annex to the draft "core text" of the Trade in Services Agreement is part of what is being secretly negotiated by the U.S., EU and 22 countries.
The website WikiLeaks released on Wednesday classified documents from the Trade in Services Agreement, or TISA, which is a huge trade agreement being negotiated in secret by the United States, the European Union and 22 other countries.
The documents include a previously unknown annex to the TISA core chapter on "State Owned Enterprises," which imposes unprecedented restrictions on SOEs and will force majority owned SOEs to operate like private sector businesses.
The leaked documents show how stipulations outlined in the TISA documents advanced the "deregulation" of big corporations entering overseas markets.
According to the leaked documents, the TISA rules would also restrict governments’ ability to determine the size or growth of certain economic activities and entities, preventing nations from limiting the size of foreign companies in the market.