No TTIP, No CETA, No TiSA
The Transatlantic Trade and Investment Partnership (TTIP) is the largest free trade agreement ever negotiated. Also known as the US-EU Free Trade Agreement and TAFTA, it is currently being negotiated in secret.
French conservative Marine Le Pen, the leader of the Front National, France’s third largest political party says “I’m a lawyer. It’s easier to visit a prisoner in prison than to consult the TTIP,” Le Pen said. “We have got a right to consult the TTIP, but we can’t even take in a pen and we are allowed to drown in an ocean of documents as if people are afraid that we might notice what really is at stake.”
Why is it being negotiated in secret?
Thanks to leaked documents and the determined fightback by NGOs, activist movements and a variety of trade unions and federations the completion of TTIP keeps being stalled. The inclusion of the Investor State Dispute Settlement (ISDS) was discovered in one of these leaks.
ISDS is implemented in CETA which has not gotten as much indy press as TTIP but seems to be only moderately less dangerous. The Comprehensive Economic Trade Agreement is a free trade agreement between Canada and the European Union and the ISDS provision is in it. After a year or so of negotiations, in September 2014, they are in their final stages of the agreement and ISDS is still there. Please click on the link above, for more info and to voice your concern about this parallel legal framework that will ultimately hold national governments hostage to the fear of being sued.
The ISDS is a provision, set to be in TTIP, that will allow corporations to sue national governments if the governments pass laws or policies that would detrimentally affect the corporations’ future making profits.
The fear of being sued for billions of dollars will effectively dis-empower our governments rendering them impotent to protect our rights, food and safety standards and our environment, in the outside chance that they actually wanted to!
There are dozens of free trade agreements that have the ISDS clause in them. The Energy Charter Treaty that Russia is signatory to, is no different.
In an historic arbitral award rendered on July 18, 2014, an Arbitral Tribunal sitting in The Hague under the auspices of the Permanent Court of Arbitration (PCA) held unanimously that the Russian Federation breached its international obligations under the Energy Charter Treaty (ECT) by destroying Yukos Oil Company and appropriating its assets. The Tribunal ordered the Russian Federation to pay damages in excess of USD 50 billion to our clients who were the majority shareholders of Yukos Oil Company.
It may be fair to suggest that all the campaigns throughout modern history that have failed, have done so due to a lack of active participants. Believe that this world can be a better place and actively participate in the change you want to see…pleeeeeeeeze.
Our main stream media particularly and perhaps most disappointingly, the BBC does not keep us informed.
The Department of Business Innovation and Skills Offices in London 12th SeptemberRead more →
Today the Comprehensive Economic Trade Agreement was discussed in Brussels by the European Union Trade Policy Committee.This coming week is the last chance for the Investor State Dispute[...]
By Inka Stafrace
A bitter blow to all of activists and campaigners against the Transatlantic Trade Investment Partnership (TTIP) and the Comprehensive and Economic Trade Agreement (CETA) was served on Wednesday the 10th September, as the European Commission rejected the[...]Read more →
TTIP LEAKED DOCUMENTS
Original Post in the Corporate Europe Observatory
December 16th 2013
A leaked EU negotiating proposal  for the far-reaching free trade agreement with the US reveals the European Commission’s plans to fundamentally change the way regulations to protect consumers, labour and the environment will be adopted in the future. The proposal follows a persistent campaign by business lobby groups on both sides of the Atlantic to use the[...]Read more →