Trade is always about power. That’s why, in post-Brexit Britain, our trading relationships will be the most important question we face. These relationships will in effect embed our new constitution, detailing how we approach issues like immigration, food policy, finance and public services.
The architects of the current wave of trade deals have embarked on a desperate ploy to salvage something from the death of their flagship treaty. Sacrificing the Transatlantic Trade and Investment Partnership or TTIP in order to get CETA (the close relation of TTIP, a deal between the EU and Canada) agreed was always going to be a risky strategy.
Global Justice Now welcomes the announcement of the Just Trade policy by shadow trade secretary Barry Gardiner MP at Labour Party conference this morning. Nick Dearden, the director of Global Justice Now said:
"We are delighted that Labour agrees with us that the toxic trade deals TTIP and CETA are an affront to our democracy and dignity. We also agree that the government's desire to join the secret TISA deal is about giving more power to the world's oligarchs
The death of TTIP is a victory for the ordinary people across Europe who stood alongside trade unions, civil society groups, activists and consumer watchdogs to prevent this massive corporate power grab.