How TTIP threatens people and planet
Type: Campaign briefings
Date: 16 February 2016
Campaigns: Trade
Negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the EU and USA began in July 2013. If agreed, it would be the world’s biggest trade and investment deal outside of those negotiated within the World Trade Organisation (WTO).
The major focus is on reducing ‘non-tariff barriers to trade’, which could allow multinational corporations to sue governments in dubious ’corporate courts’ and result in the slashing of environmental and safety standards.
TTIP could also entrench privatisation of public services like the NHS, and be used to subject countries in the global south to radically pro-corporate global trade standards they will have had no say in shaping themselves.
As the evidence shows that TTIP could have a negative impact on workers, citizens and consumers in the EU and US, and become the new model for future trade agreements worldwide, TTIP negotiations should be stopped.