The TTIP is possibly the greatest U.S. threat to EU's sovereignty warned a U.K.-based NGO as leaked documents obtained by Corporate Europe Observatory and the British newspaper the Independent confirmed that United States corporate power could have big sway over laws in the European Union if the controversial Transatlantic Trade and Investment Partnership goes through.
“We’re talking about sovereignty at the moment in this country,” Global Justice Now Director Nick Dearden said. “It’s difficult to imagine a more serious threat to our sovereignty than this trade deal.”
Dearden also said, “The leak absolutely confirms our fears about TTIP – it’s all about giving big business more power over a very wide range of laws and regulations,” adding that it gets big business lobbies “a step closer” to being able to co-write laws with governments.
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The document provides a glimpse inside the TTIP negotiations, which aim to consolidate trade rules and relations between the U.S. and EU. Under the banner of “regulatory cooperation,” the leak foreshadows a future of U.S. interests holding EU proposals hostage under the TTIP.
Dearden explained the leak reveals the “scary” fact that the deal plans to empower the U.S. to “challenge and amend regulation that conflicts with their national interest” without EU elected officials even having had the chance to discuss the merits of the proposed policies.
According to the report, the deal would push aside the European Parliament and European countries, giving power to an “unelected commission” to determine on which issues the EU will have to sync up with the United States.
The details of the talks and future plans in the document will give U.S. regulatory regimes a “questionable role” in steering European decision-making and laws, according to the campaign group CEO.
TTIP opponents argue that the deal, like the controversial TPP, would strengthen transnational corporate power at the expense of the democracy and the public good, food safety, public health, consumer rights, and environmental protection.
Groups and leaders concerned about the deal from both sides of the Atlantic have joined forces to reject the huge trade pact. U.S. and EU labor leaders released a statement earlier this month slamming the talks for being on the “wrong course.”
“We do not see our negotiators moving towards the 21st century agreement that we have been promised, but rather more of the same old corporate-style trade deal,” said Richard Trumka, president of the American Federation of Labor and Congress of Industrial Organizations and Luca Visentini, general-secretary of the European Trade Union Confederation, in a joint statement.
Activists have also slammed the deal over its secretive negotiating process that gives corporations inside access to the process while blocking out the public.
A broad coalition of labor unions, NGOs, environmental groups, and other advocacy organizations based primarily in the EU have been leading the charge in fighting the TTIP.
For example, the US could potentially overturn European anti-gmo legislation. pic.twitter.com/8R0u46VN4H— teleSUR English (@telesurenglish) March 18, 2016