John Hilary, Director of War on Want
Simon Cox, Unite the Union
Keep Our NHS Public Speaker
The Transatlantic Trade and Investment Partnership (TTIP) is a comprehensive free trade and investment treaty currently being negotiated – in secret – between the European Union and the USA. As officials from both sides acknowledge, the main goal of TTIP is to remove regulatory ‘barriers’ which restrict the potential profits to be made by transnational corporations on both sides of the Atlantic.
The removal of these barriers could lead to a free for all where the NHS is sold to US multi nationals at a fraction of its cost and we would be powerless to stop it. the TTIP allows for the creation of secret courts where corporations can sue governments if they don't open up services such as the NHS to be sold on the market.
Yet these ‘barriers’ are in reality some of our most prized social standards and environmental regulations, such as labour rights, food safety rules (including restrictions on GMOs), regulations on the use of toxic chemicals, digital privacy laws and even new banking safeguards introduced to prevent a repeat of the 2008 financial crisis. The stakes, in other words, could not be higher.
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