Thursday, June 13, 2013

The Rakyat will suffer if Malaysia were to sign TPPA

The following table is from a study done by Oxfam. It shows the effect free trade agreement on Jordan's medicine prices.

Could the same fate befall Malaysian when it signs the #TPPA?

1. Jordan has a free trade agreement with the US, while Egpyt does not.

2. As a result, Jordan has to comply with strict patent regulations. This affects access generic medicines, and the government has to use patented medicines (which cost much higher as shown in the table below).

3. Many of these are common medicines used to treat medical conditions like diabetes, hypertension, breast cancer, etc.

Charles Santiago

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