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).
After two months, three countries and nine cities the giant Trojan horse that is touring Europe has already raised awareness among thousands of people of the dangers of the proposed EU-US trade deal.
With actions in cities across Hungary, Germany and Denmark, Friends of the Earth groups have used the Trojan horse to engage and mobilise citizens against the trade deal, which would put corporate interests over the needs of people and the planet.
Fears are growing that the proposed EU-US trade deal (known as TTIP) will lead to food contaminated with genetically modified organisms (GMOs) being allowed into Europe for human consumption, despite public reassurances that food safety standards would be maintained.
The 7th round of negotiations on a Transatlantic Trade and Investment Partnership (TTIP) kicks off in Washington DC today, amid growing civil society protests at the dangers of the proposed deal for democracy and essential regulations in the areas of public health, safety, the environment and the financial sector.
Today was the first date on Friends of the Earth's 'Trojan Treaty' tour – a European tour of a giant Trojan horse to raise awareness of the threats posed by the secret EU-US trade talks.
Friends of the Earth Europe have written to EU Trade Commissioner De Gucht, to warn that fair, sustainable and safe food could permanently be damaged by the transatlantic trade deal currently being negotiated.