Transatlantic Trade and Investment Partnership (TTIP)
The Transatlantic Trade and Investment Partnership (TTIP) is a proposed free trade agreement between the European Union and the United States.
Deputy general secretary of IMPACT Kevin Callinan spoke at an information seminar on TTIP and outlined the following issues with the deal.
- The proposed TTIP is fundamentally anti-democratic and constitutes a real threat to sovereignty. The balance is tilted heavily towards big business and away from the ordinary citizen.
- The additional ‘investor protections’ in the Agreement go above and beyond the property rights already enjoyed by companies and threaten democracy, labour rights and public services.
- Democracy would be breached by corporate control as the government, afraid of being sued, would have its hands tied in the creation of legislation.
- TTIP would erode public service provision as it aims to further liberalise the trade in services
Friday April 17, 2015
IMPACT trade union is to warn of the threat the proposed trade deal between Europe and the US, called the Transatlantic Trade and Investment Partnership (TTIP), poses to Irish society in a seminar in the European Parliament Offices, today (Friday 17th April 2015).