Dear colleagues,
I just took part in this important online action: Common Welfare over Economic Interests: Stop the TTIP and CETA!
Please take action too: https://www.attac.de/sign-against-ttip
Read more about the action:
The negotiations of the TTIP and the CETA are currently being held behind closed doors, under the influence of business lobbies. Neither public citizens nor parliamentarians have access to important negotiating papers.
The cutting of tariffs plays a rather marginal role in the negotiations. The adjustment of standards bares much greater importance. On the negotiating table are workers’ rights, environmental- and consumer protection standards, as well as financial market regulations. The possible consequences of these agreements range from the undermining of social standards and financial market regulations to the approval and import of genetically-modified food and the expansion of fracking to extract natural gas.
The Investor-State-Dispute-Settlement (ISDS) would grant foreign banks and corporations additional rights of action against States. These rights would be a powerful weapon against democratically taken decisions. Existing legal systems would be undermined; and taxpayers would be forced to pay billions in damages to international investors.
Kind regards
Roland Erne
www.ucd.ie/indrel/re.htm
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