New Report on Secretive EU Trade Deals Highlights Corrupt Agenda for Mass Privatisation
Public services in the EU are under threat from transatlantic trade agreements that could endanger citizens rights to basic services like water, health, and energy for the sake of corporate profits, according to a new report released today by an international group of NGOs and trade unions.
The study shows how the EUs Comprehensive Economic and Trade Agreement (CETA) deal with Canada, and the Transatlantic Trade and Investment Partnership (TTIP) under negotiation with the US, could lock public utilities into irreversible commercialisation and remove governments ability to regulate services.
Exposing systemic collusion between big business and European Commission officials in drawing up CETA and TTIP, the report shows how negotiators are doing the work of the EUs most powerful corporate lobby groups in pushing an aggressive corporate agenda of far-reaching market opening in the public sector.
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The report states that what is at stake is our right to vital services and more; it is about our ability to steer services of all kinds to the benefit of society at large. If left to their own course, trade negotiations will eventually make it impossible to implement decisions for the common good. As long as TTIP and CETA do not protect the ability to regulate in the public interest, they must therefore be rejected.
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