According to a leaked European Commission proposal in the ongoing EU-US Transatlantic Trade and Investment Partnership (TTIP) negotiations, EU member state legislative initiatives will have to be vetted for potential impacts on private business interests.
Local and national governments may be forced into taking a free trade approach even when acting on issues in the public interest if the Transatlantic Trade and Investment Partnership (TTIP) is finalised. This might have major implications for citizens who will find that decisions about local services, investment in jobs, and even food safety protection rules are dictated by the terms agreed under TTIP.
What will be the impact of TTIP across the pond? Gwen Buck from Friends of the Earth England, Wales and Northen Ireland interviews Bill Waren of Friends of the Earth United States to find out.
Gwen Buck: What would be the implications for the US if the Transatlantic Trade and Investment Partnership (TTIP) went ahead?
Bill Waren: We do have some idea of what is in TTIP negotiating text thanks to the somewhat more open European process, and thanks to whistle-blowers who have revealed secret documents.
The threat of US-produced meat rinsed with disinfectants being sold in Europe is increasing, even before any EU-US trade deal is agreed, warns Friends of the Earth Europe today. EU health and food safety officials told a stakeholder meeting yesterday that a new antimicrobial chemical rinse may be approved this year to disinfect poultry carcasses and meat.
As the European Parliament drafts its opinion on the controversial EU-US trade deal (Transatlantic Trade and Investment Partnership – TTIP) talks, 375 civil society organisations from across Europe have called on EU decision-makers to protect citizens, workers, and the environment from the threats it poses.
Plans to create more compatible rules between the EU and the US on chemicals, food, public services, workplace health and safety, and financial regulation as part of EU-US trade talks (TTIP) are a threat to democracy and an attempt to put the interests of big business before the protection of citizens, workers, and the environment, according to over 100 civil society groups.
The European Commission has today released the long-awaited results of the public consultation on investor-state dispute settlement (ISDS) in the context of the EU-US trade talks (also known as the Transatlantic Trade and Investment Partnership, TTIP). Based on the text of the investment chapter of the recently concluded EU-Canada deal, the consultation was launched last spring in an attempt to silence criticism of the system.
New research today reveals that European governments have already paid at least €3.5 billion to private investors due to a clause in international trade deals. The mechanism – known as 'investor-state dispute settlement' – is set to become more widely used if EU trade deals with Canada and the US go ahead as planned.
Friends of the Earth Europe today cautiously welcomed moves announced by the European Commission to increase the transparency of the ongoing EU-US trade negotiations. While the new rules are a positive step, they fall short of providing full transparency and openness to allow a proper public debate on the controversial Transatlantic Trade and Investment Partnership (TTIP).