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Russian lower house speaker warns Trans-Pacific Partnership is fraught with global risks

The agreement assigns the "controlling stake" in regional politics to the United States

© AP Photo/Kirsty Wigglesworth

GENEVA, October 19. /TASS/. Speaker of Russia’s State Duma lower parliament house, Sergey Naryshkin, said on Monday he sees serious global risks in the Trans-Pacific Partnership (TPP).

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"The recent agreement of 12 countries on the Trans-Pacific Partnership is fraught with serious risks for the world," he said at a session of the Inter-Parliamentary Union in Geneva. In his words, the agreement assigns the "controlling stake" in regional politics to the United States, whose president claims that the TPP’s goal is to place Washington in charge of writing the rules for the global economy. "All the rest will have to put up with that and the agreement on the World Trade Organization (WTO), which unites more than 160 countries, will have a secondary role," he said.

In this context, the Russian speaker reminded about Ukraine’s ‘bitter experience.’ Plunging into association with the European Union the Kiev regime "has cancelled its former integration liabilities and severed historical ties which dramatically aggravated domestic contradictions," Naryshkin noted.

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