Government claims about the economic value of free trade agreements are inaccurate, reports Leon Byner.
Category: TTIP & TTP
Hundreds of leaked pages from the controversial Transatlantic Trade and Investment Partnership (TTIP) show that the deal could be about to collapse, according to campaigners. The huge leak – which gives the first full insight into the negotiations – shows that the relationship between Europe and the US are weaker than had been thought and that major divisions remain on some of the agreement’s most central provisions.
Free trade is rarely ‘free’, and the latest iteration could have profound affects on a nation that produces most of the world’s cheap, life-saving drugs, writes Megan Giles. When Turing Pharmaceuticals acquired the US rights to the life-saving drug Daraprim, and subsequently hiked up the price by 5,000 per cent, the tsunami of online opprobriumMore
Source: Bad Medicine: Trade Deal Threatens India’s Status As The World’s Discount Pharmacy – New Matilda
Executive Director for the War On Want, John Hillary, met with the Trade Commissioner for the European Union in her Brussels office in order to discuss the Transatlantic Trade and Investment Initiative or TTIP. Cecilla Malmström is one of the more powerful officials in the EU …
Source: TTIP Commissioner’s Stunning Admission; Ten Words that Proves that TTIP is NOT for Us! AnonHQ
A new UK coalition is sounding the alarm over how the Transatlantic Trade and Investment Partnership ( TTIP ), currently under negotiation between the U.S. and EU, would force European small businesses into unfair competition with U.S. firms with lower standards and lower costs. “Together with thousands of our counterparts in other European…
The Transatlantic Trade and Investment Partnership (TTIP) is a bilateral ‘free trade’ agreement currently under secret negotiation by the EU, USA and powerful industry lobbies. Very few Europeans have heard of this deal, which will change the face of Europe forever.
They say the deal will create jobs and boost the economy, but after seven years of financial crisis we should have learned one thing: any extra cash made will be siphoned off to the 1%, while the rest of us get poorer and poorer.
Here’s what TTIP really means: threats to online privacy, American corporations suing European countries that don’t do as they are told, fracking rights, closure of public services, and Monsanto’s takeover of agriculture on our continent (as it has already done in Ukraine). It would mean that Monsanto could destroy a nation’s food supply and the people would be powerless to do anything about it. It would destroy free national health services, strip us of our civil liberties and ensure that American corporations have full control over the European parliament.
The most hideous thing about this top-secret trade deal is that over one million citizens signed a petition to stop it, and they were ignored. This might not seem so strange- public opinion is never an obstacle to corporate lobbyists- but in Europe we are supposedly granted protection from shady deals like this through ECIs, or European Citizen’s Initiatives. Petitions signed under an ECI must be considered by law, but in this case, it was ignored.
In addition to the informative cartoon above, more details on the consequences of TTIP by a speaker from the Gaia Foundation can be seen below. Please consider signing and sharing the petition against TTIP here.
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