TTIP

Hi everybody!

I have just read an article in the online edition of the “The LOCAL” and it talks about a activists protest against the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated between the US and EU countries.

I thought you might be interested, because “Our future is not for sale”!

The TTIP will create the world's largest regional free trade area. The agreement aims at removing trade barriers to transatlantic trade.

The official line is that TTIP will create jobs and increase economic growth.

At first view TTIP will be good for the people of the European Union for the reasons e.g.:

·           TTIP represents a opportunity to expand jobs.

·           TTIP will help to provide better public services.

·           TTIP would create new business opportunities for small and large companies.

I think the proposed free-trade agreement TTIP serves the interests of corporations and not of citizens!

In my opinion the agreement have many negative effects:

·           TTIP gives companies the right to sue governments if they think there was a loss of

        future profits.

·           The agreement will make it easier for companies to earn profits from the public water

        supply, health and education systems.

·           Practices that are legally allowed in the U.S. would legally be permitted in the EU (e.g.

       genetically-modified food).

·           Making fracking legal in Europe.

·           TTIP is practically irreversible.

At the moment the next round of negotiations are in New York.

Nowhere else in Europe is TTIP more hotly debated than in Austria.

A huge alliance of groups have come together to organise protests against the trade deal.

What do you think about TTIP?

 

Regards

Jakob