Monday, September 16, 2013

Multi-national "wish lists" in advance of EU-US free trade pact negotiations

In advance of TPP-style talks between the US and EU, corporations are already filing "wish lists" to ditch pesticide and food standard regulations and set up the same "investor-state resolution" mechanisms found in NAFTA and TPP. In this New York Times article Public Citizen's Lori Wallach notes: “What they [multinationals] consider trade irritants, we consider the most important consumer, health, environmental, privacy, financial stability safeguards on either side of the Atlantic." Gutting regulations is "an effort to achieve through trade what that they could not achieve through democratic processes domestically.”

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