The new EU-US trade deal that puts Scottish democracy in danger
The transatlantic trade and investment partnership (TTIP), is an EU-US mega trade deal which, if passed will be the biggest trade deal in history.
But TTIP is more than just a trade deal. It is an unprecedented transfer of power from democratically elected governments to trans-national corporations. TTIP is a threat to Scotland’s public services, progressive legislation and democracy itself.
Were the Scottish government to pass or improve legislation in a way that US transnational corporations deemed a barrier to free trade and a threat to their current or future profits, then the UK could be sued under the investment court systme (ICS) - a parallel legal system - in TTIP. Examples of such legislation could include tobacco and alcohol control and climate change legislation.