TTIP - the free trade agreement that threatens to ban left-wing and environmental politics

CRUCIAL FREE TRADE AGREEMENT IN BALI

New times are coming. A decisive first step towards implementation came in Bali 6/12 2013 for TTIP (Transatlantic trade and investment partnership); a new, global free trade agreement. The Geneva meeting crashed. Bali was close to a collapse, but India saved it. The most significant ingredients of the agreement are that companies are given the right to sue states that introduce decisions that may risk reducing company profits. The suits shall not take place in state courts according to the rules of the country in question, but in confidential, company-owned, foreign and supra-state courts with company-created rules.

"Journalist George Monbiot, who is one of the very few who writes about TTIP, talks about what it looks like in countries that already have similar agreements. For example, Canada has withdrawn two of the pharmaceutical company Eli Lilly's patents because they have not found evidence that the medicines work. Eli Lilly is now suing the Canadian government for almost SEK 3,3 billion and demanding that the country's legislation regarding patents be changed. Monbiot also talks about a mine in El Salvador that risked poisoning the drinking water and how activists managed to get the government to stop the mine at the cost of three murdered activists. About how the company that planned the mine is now suing El Salvador
SEK 2 billion for lost future income. ” (The worker)

159 trade ministers attended. One was Ewa Björling who signed the agreement. The agreement is just waiting to be approved in the EU and by the US Congress. .

The trade deal will commit countries to implement extreme liberalization and deregulation to ensure greater profits for businesses.

For the past 25 years, the United States has negotiated trade deals that have promoted the rise of corporate power at the expense of working people's rights. It has created a system of global corporate governance by the nations of the world without a check on the power of the growing corporations.

In the long term, global corporations have suppressed wages, caused climate change and polluted water, and they violate our basic rights at work. National democracy is being broken down to make way for an internationally active business community.

Instead, a global solidarity and sustainable world community should be developed for fair conditions, for people's right to organize and to act collectively to guarantee their work safety, health and a fair wage, that they have adequate access to education, recreation and decent housing and that their elected officials work to promote the general welfare.

Instead, this is replaced with corporate interests, the freedom of global power over nations.

TTIP agreement – Transatlantic trade and investment partnership)

"Dealing with the arguments around food safety sucked the juice out of the rest of the conversations!"

TTIP forces the signatory companies to sell US genetically engineered crops and meats. It gives the US control of food production in the Pacific region of Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Classified by experts as “the genetic apocalypse and US patent control of global food production”.

The leaked Trans-Pacific Partnership is a Christmas gift list for big business. It sets a global standard for corporations through which they can control our governments through an impenetrable system of courts as a kind of "dictatorship of neoliberalism". Left-wing politics and environmental protection often lead to increased taxes and wages, which according to TTIP can constitute trade barriers that reduce companies' profits. According to TTIP, such trade barriers should be able to lead to lawsuits in private, company-controlled courts.

These courts could limit the availability of cheap drugs in favor of branded products. They would even allow cigarette companies to sue governments that impose health regulations against smoking if it threatens profits! It's almost too unbelievable to be true.

TTIP Agreement – The Trans-Atlantic Trade and Investment Partnership)

Trade Commissioner Karel De Gucht has represented the EU and its 28 member states at the negotiating table. A voice that represents 500 million people.

Ultimately, it is the Council of Europe together with the European Parliament that will review and approve or reject the final agreement. A consequence of the Treaty of Lisbon in 2008. On the US side, it is the US Congress.

The European Commission has based its impact assessment of TTIP on an independent report commissioned by the EU from the London-based Center for Economic Policy Research (CEPR).

Behind it are connections to the Federal Reserve Banks in New York (Wall Street) and American universities such as Stanford!

It will now be easier to buy and sell goods and services between the EU and the US. The EU and the US also want to make it easier for their own companies to invest in the other party's economy.

The TISA Agreement – The Trade in International Services Agreement

An independent multilateral agreement must apply to trade in services between the EU and 21 WTO countries. Welfare becomes a global buying and selling commodity. This then applies to areas such as welfare, care and school.

This future trade in services constitutes the single most dynamic economic activity in the EU, accounting for almost three quarters of its GDP and employment.

EU companies are leading providers of services in many sectors and are the largest exporters worldwide.

The defenders of the trade agreement believe that it will increase growth by 1 trillion dollars. However, this is not as much as it sounds.

"The study most touted by proponents of the agreement, published by the Peterson Institute of International Economics, shows a cumulative increase of 0.13% of GDP by 2025. This would be trivial in any case; but the worse news is that, taking into account some of the unequalizing effects of the agreement – these treaties tend to redistribute income upwards – a Center for Economic and Policy Research study showed that most Americans will actually lose because of the TPP.” ( Guardian )

TTIP – the free trade agreement that threatens to ban left-wing and environmental politics

Leave a comment Cancel reply