The environment will be a major loser under terms put forward for the latest free trade deal

The Trans Pacific Partnership (TPP) is a proposed arrangement between New Zealand, the US and nine other Pacific Rim countries, with Japan soon to join. While labelled a “free trade” pact, its main focus is not trade – and economic gain is pursued only indirectly. It concentrates on limiting how governments can regulate “behind the border” in ways that affect foreign investors.