The new EU-US trade deal that puts Scottish democracy in danger

The new EU-US trade deal that puts Scottish democracy in danger

Type: Campaign briefings
Date: 30 March 2015
Campaigns: Trade

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.

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