Saturday, December 6, 2014

What is TTIP? And six reasons why the answer should scare you

The trade negotiations are an assault on democracy. I would vote against them except… hang on a minute, I can’t

Lee Williams

Have you heard about TTIP? If your answer is no, don’t get too worried; you’re not meant to have.

The Transatlantic Trade and Investment Partnership is a series of trade negotiations being carried out mostly in secret between the EU and US. As a bi-lateral trade agreement, TTIP is about reducing the regulatory barriers to trade for big business, things like food safety law, environmental legislation, banking regulations and the sovereign powers of individual nations. It is, as John Hilary, Executive Director of campaign group War on Want, said: “An assault on European and US societies by transnational corporations.”

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