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Showing posts with label TTIP. Show all posts
Showing posts with label TTIP. Show all posts

Thursday, October 20, 2016

NAFTA on Steroids


Three “Secret” Concurrent “Free Trade” Deals: Can the TPP, the TTIP and CETA be Stopped?

Global Research News Hour Episode 47

Thursday, September 8, 2016

SILENCE OF THE LEFT

regarding Euro-Austerity and T-TIP, by Michael Hudson

 

Tuesday, September 6, 2016

Germany Buys Monsanto –

and Sells the TTIP to Europe 

 
 
 
 

Friday, July 8, 2016

This is Why France Wants to Block TTIP Deal Between US, EU

Protest Against the TTIP Trade Pact

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France has opposed the Trans-Atlantic Trade and Investment Partnership deal between the European Union and the United States. French officials insist that the deal will be beneficial for the US economy while ruining businesses across Europe.

The TTIP deal establishing a free-trade zone between Europe and the US will not be signed in 2016, Harlem Desir, Secretary of State for European Affairs in the French government, said in an interview with France-Info.

"The conditions for this deal have not been agreed yet. And taking into account the current situation, I can say, they will not be agreed until the end of the year. In particular, France sees as insignificant Washington’s proposals on the access to the US market for European products. The proposals would offer no benefits for the European economy," Desir said.
According to him, there are several "red lines" that cannot be ignored in the text of the document.
Matthias Fekl, Minister of State for Foreign Trade, underscored that the negotiations have stalled due to Washington’s stance on the issue.
"We cannot allow the infringement of our national interests," Fekl said.
Initially, the TTIP deal was seen as Europe’s response to its inability to overcome economic depression. Its strategic goals were to increase trade between the US and the EU and to give fresh impetus to economic growth in the "Trans-Atlantic civilization."

In theory, such an agreement would presume elimination of mutual tariff and non-tariff barriers to ease access to the markets. Currently, average customs tariffs between the US and the EU are three to four percent and the removal of customs barriers would not increase trade.
What is more important, the deal presumes lifting administrative and regulatory barriers. These norms are much stricter in Europe than in the US. If Europe removes them it would open its market for American goods.
The document has been criticized as being designed to open the doors to other markets for US transnational corporations.
If the EU signs the deal nearly 600,000 Europeans will lose their jobs, European goods will not be able to enter the US market, exports will decrease and EU countries will lose income, Jeronim Capaldo, a research fellow at the Tufts University, wrote.
As a result, he warned, the EU will suffer a drop in GDP. Germany, Europe’s strongest economy, may lose up to 1.4 percent of its GDP.

Earlier this year, the German newspaper Suddeutsche Zeitung reported that the US mounted strong pressure on Europe over the TTIP deal. In particular, according to leaked documents, Washington threatened to create difficulties for exports of European cars to the US if Brussels rejected to buy more American agricultural products.
"The US aggressively protects its market by unilateral regulatory quotas on imported products, from agricultural products to cars. Those quotas are set for the entire EU so a separate EU country cannot get guarantees that its products will enter the American market," Georgy Vaschenko, head of operations at the investment company Freedom Finance, told the Russian online newspaper Vzglyad.
The US has also opposed replacement of arbitration courts with transparent national commercial courts to settle trade and investment disputes.
"The agreement includes several provisions declaring the priority of US investors over the legal norms of European countries. At the same time, EU companies don’t have the similar rights in the US," Nikita Kulikov, executive director at Heads Consulting, pointed out.
Moreover, according to the documents, the US has challenged the European norm which prohibits selling products until they are proved to be safe for people and environment.

As a result, cheap meat products containing hormones would flood the European market, destroying local businesses.
"If the deal is signed French domestic companies will face major losses. The French government will face a tough choice – to further cut social programs and abandon high environmental standards or put up with the losses of domestic companies," Kulikov pointed out.
The deal will have negative impact on the entire European farming industry and may also affect the European engineering industry, Anna Kokoreva, senior analyst at Alpari, said.
According to her, the deal is more advantageous for the US because it would eliminate the barriers which make American products noncompetitive in the European market.

Source:  http://sputniknews.com/world/20160708/1042652110/france-us-ttip-deal.html

Monday, May 30, 2016

German Vice Chancellor Slams Merkel Over ‘Hasty' Approach to TTIP

German Chancellor Angela Merkel speaks to the Vice-Chancellor Sigmar Gabriel.

 

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German Vice Chancellor Sigmar Gabriel questioned the need for further negotiations with the United States on the Transatlantic Partnership (TTIP) and criticized Angela Merkel's premature steps in this direction.

Negotiations on a free trade agreement between the EU and the United States have repeatedly caused controversy among Europeans. The TTIP has not only divided German society, but also split the country's political elite.
Thus, German Vice Chancellor Sigmar Gabriel has opposed German Chancellor Angela Merkel's "hasty" approach toward the deal.
"This was wrong that in the euphoria of Obama's visit to Germany, the Chancellor said we will be able to conclude negotiations by the end of this year and recently repeated this statement once again," the politician said in an interview with RND.
Gabriel stressed that the agreement on the transatlantic trade partnership with the United States poses a threat to the national legislation on environmental protection and labor law. In addition, the terms of the document remain vague.
The politician stressed that his party would not approve a deal with the United States, if it provides lower standards than those currently negotiated between Germany and Canada. According to the politician, the Germans must know the true intentions of the United States, and only then it will be possible to properly negotiate the issue.
The TTIP deal, which was been negotiated since 2013, involves the creation of a free trade zone between Europe and the United States. Such countries as Canada, Mexico, Switzerland, Liechtenstein, Norway and Iceland will also participate in the TTIP.

Supporters of the agreement emphasize that it would create jobs and increase economic growth. Opponents warn that only big corporations would benefit from the agreement to the detriment of ordinary people and small businesses.


Read more: http://sputniknews.com/europe/20160530/1040478114/merkel-hasty-approach-ttip.html#ixzz4A8rMhtGn

Monday, May 16, 2016

TTIP Trojan HorseBoris Johnson Slams EU

TTIP Trojan Horse

Boris Johnson Slams EU as 'Vast Pantomime Horse' Negotiating Trade Deal

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Former London Mayor Boris Johnson has been accused of performing political "gymnastics" after saying negotiating the EU-US trade agreement on behalf of the European Union is "like trying to ride a vast pantomime horse, with 28 people blindly pulling in different directions."

Boris Johnson – who is now a leading campaigner to take the UK out of the EU at the In-Out referendum on Britain's membership of the EU on June 23 – had previously been in favor of the Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated between the EU and the US.
Writing in the Daily Telegraph in 2014, Johnson said: "It is Churchillian in that it builds transatlantic links, it is all about free trade, and it brings Britain and Europe closer to America. The idea is to create a gigantic free-trade zone between the EU and the US … There is absolutely nothing not to like about the TTIP."
However, having declared himself behind the Brexit campaign, Johnson is now accused of making a U-turn after saying in a recent speech: "As for the argument that we need the muscle of EU membership if we are to do trade deals – well, as I say, at the results after 42 years of membership, the EU has done trade deals with the Palestinian Authority and San Marino. Bravo.
"But it has failed to conclude agreements with India, China or even America. Why? Because negotiating on behalf of the EU is like trying to ride a vast pantomime horse, with 28 people blindly pulling in different directions."
"Dishonest Gymnastics"
Johnson's reference to the late Sir Winston Churchill brought immediate condemnation from the grandson of the former UK Prime Minister, Sir Nicholas Soames who told The Observer newspaper:
"It is another example of Boris's complete lack of credibility and coherence on this very important transaction. People will simply not understand this fundamentally dishonest gymnastics.
"What he's attacking is the fact that the vested interests of member countries prevent any progress towards a TTIP deal. If the UK votes to leave the EU, we can do our own trade deal with the US free from member state interference."
The TTIP negotiations will lead to the biggest trade deal in the world, opening up the EU and the US to each other's markets.
However, the talks have stalled on the fine details — particularly on regulatory issues, where critics in Europe fear that the deal will lead to a loosening of stricter controls over food ingredients, medicines and other issues.

There is also criticism over the Investor State Dispute Settlement (ISDS) under which companies are able to effectively sue governments if their regulatory system leads to lost profits.
A typical example of this is the cigarette giant Phillip Morris, which has attempted (unsuccessfully) to sue the Australian Government over plain cigarette packaging, but is still bringing a case against Uruguay over its anti-smoking legislation, which the tobacco giant says devalues its brands.
Related:
Trade Chief Lambasts EU Leaders for Falling Public Trust in TTIP Trade Deal
Ex-London Mayor Johnson Compares EU Superstate Project to Hitler's Plans
UK to 'Prosper, Thrive, Flourish' Outside EU - Former London Mayor
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Read more: http://sputniknews.com/europe/20160516/1039684470/brexit-eu-ttip-deal.html#ixzz48p0nXDYt

Saturday, May 14, 2016

TTIP is the Bookend to the WTO Agreement to Protect Bankers

Submitted by IWB, on May 14th, 2016
 

TTIP is the Bookend to the WTO Agreement to Protect Bankers

TTIP
The TTIP proposal is bought and paid for by the banks. Pick up the rug and you will always find the dirt. The USA has been fining European banks for vast amounts of money. The New York banks, especially Goldman Sachs, is shaking like a leaf at the thought that they could be hauled into European courts to pay for the collapse of Greek debt (for starters). The main stumbling block with TTIP is how, at the request of the bankers, the agreement prohibits any foreign country from suing New York banks anywhere outside of New York City — where they own all the judges today just as the mafia did during the Prohibition days.
Rubin-ROBERT
Back in 1999, ex-Goldman Sachs U.S. Treasury Secretary Robert Rubin said that crafting a deal to allow China into the World Trade Organization (WTO) was “eminently doable.” Yes, it was Robert Rubin who orchestrated the repeal of Glass-Steagall, and few people realize that he also opened the door so that Goldman Sachs could sell derivative time bombs outside the USA. Rubin managed to stuff the financial services portion into the World Trade Organization Agreement and placed the world at Goldman Sachs’ doorstep.
“This deal covers 95% of the global financial services market as measured in revenue. With this deal, 102 WTO members now have market-opening commitments in the financial services sector, including 70 improved offers in this round of negotiations. The commitments before us now encompass $17.8 trillion in global securities assets; $38 trillion in global (domestic) bank lending; and $22.2 trillion in worldwide insurance premiums. In insurance alone, US companies now have more than $200 billion in foreign premiums.” (Statement by Secretary Rubin and Ambassador Barshefsky Regarding the Successful Conclusion of the WTO Financial Services Negotiations 12/13/1997)
TTIP is now all about protecting the banks from lawsuits because they blew up the world and seriously damaged the global economy. Under Ronald Reagan, the annual GDP growth was 3.5%. Obama will pray for 1.5%. Trading volume in the S&P 500 and the velocity of money crashed and burned after Rubin connived to repeal Glass-Steagall and gave birth to transactional banking. TTIP is by no means a real trade deal. It is one-sided and intended primarily to protect the New York bankers.

Thursday, May 12, 2016

The Collapse of the European Union

The Collapse of the European Union
Return to National Sovereignty and to Happy Europeans

By Peter Koenig

May 12, 2016 "
Information Clearing House" - Imagine – the European Union were to collapse tomorrow – or any day soon for that matter. Europeans would dance in the streets. The EU has become a sheer pothole of fear and terror: Economic sanctions – punishment, mounting militarization, the abolition of civil rights for most Europeans. A group of unelected technocrats, representing 28 countries, many of them unfit to serve in their own countries’ political system, but connected well enough to get a plum job in Brussels – are deciding the future of Europe. In small groups and often in secret chambers they decide the future of Europe.

Take the TTIP – under pressure from their masters in Washington, behind closed doors under utmost secrecy – and most likely against their own personal good – a small group of European Commission (EC) delegates without scruples, without any respect for their co-citizens, without consideration for their children, grand-children and their children, only interested in the instant laurels and pay-back – to be sure – from the colonialist, usurper and warrior number One, the United States of Chaos and Killing, they are ready to put 500 million Europeans and their descendants at peril.
It cannot be said enough what horrors the TTIP (Trans-Atlantic Trade and Investment Partnership) would do to the people of Europe; and that is based on the little we know from the 248 pages ‘leaked’ by Greenpeace Netherlands of the ultra-clandestine negotiations taking place. ‘Negotiations’ is the most unfair term imaginable, since all the rules are imposed by Washington, the same as with the TPP (Trans-Pacific Partnership, involving 11 Pacific countries and the US – but not China and Russia).
Though TPP negotiations are finished, none of the 11 Pacific partners, nor the US Congress have approved the treaty. There is hope that even if ‘negotiations’ by the secret EC traitors and Washington should come to conclusion, at least some of the 28 EU countries may not approve. To be valid, the treaty needs to be approved in unanimity. The new rightwing Austrian frontrunner for Austrian’s Presidency, Norbert Hofer, has already said he would not sign the TTIP agreement. Similar remarks have been made by the French Minister for Foreign Trade, Matthias Fekl, who said, “There cannot be an agreement without France and much less against France.”
Under the TTIP, the citizens of Europe would lose out on all fronts. Europeans would become literally subjects of a corporate empire, led by the United States of America. EU countries would stop being sovereign nations, even more so than is already the case under the current Brussels dictate. As the secret TTIP documents reveal, the agreement would be the death knell for Europe. Here is what Susan George, philosopher and political analyst and President of the Planning Committee of the Transnational Institute in Amsterdam has to say:
  • The food we import would be chemically treated, would be genetically modified, would have no labels. You wouldn’t know exactly what is in your food. You could buy chicken that has been rinsed in chlorine, you could have beef that was raised with hormones, you could have biosynthetic food made out of one gene of a plant another of an animal, and this would not be labeled.
  • In the area of agriculture again, it is very likely that we would lose a great many farmers, because if we lower the tariffs of agriculture we will have a flood of American [highly subsidized, GMO]-corn and basic grains flooding into Spain and that will ruin a lot of farmers, exactly the way the ”campesinos” in Mexico were ruined by the North American Free Trade Agreement, the NAFTA.
  • ln the area of health, the pharmaceutical companies [want] to get rid of generic drugs. They have already succeeded in forcing the generic drug companies to repeat all of the clinical trials that they have already had to do with the same identical medicine but which has a brand name. To make it a generic drug you have to start all over again: clinical trials, blind tests, and so forth. So medicine would become much more expensive.
But most important:
  • [The TTIP] is about giving corporations the freedom to sue governments if they don’t like a law that the government has passed.
    We have a lot of examples now, because in hundreds of bilateral treaties this private judiciary system exists, and for example, the government of Egypt raised the minimum wage and a company, an important company, Veolia, from France, sued them because they would have to pay their workers more. This case has not been decided yet, but one case that has been decided is for example, Ecuador, which refused that an American petroleum company could drill in a particular region. Well, they said this is a protected area and you cannot drill here. And the company said, ah, we will sue you; and they won. And they have a fine on Ecuador of 1.8 billion dollars which is a lot of money for a small and fairly weak country.
This simply means that private corporate courts would be above the laws and courts of sovereign nations. There would be no sovereignty left; not even the little idependence Brussels has not yet destroyed. EU nations would all be under the rules of an Anglo-American led corporate empire.
And then there is TiSA, the ‘Trade in Services Agreement’, of which even fewer people are aware. It is also being ‘negotiated’ in secrecy, involving 23 WTO members (Australia, Canada, Chile, Chinese Taipei, Colombia, Costa Rica, the EU (28 countries), Hong Kong China, Iceland, Israel, Japan, Korea, Liechtenstein, Mauritius, Mexico, New Zealand, Norway, Pakistan, Panama, Peru, Switzerland, Turkey and the United States). Altogether, we are talking about 50 countries; 49 of them bent to submit to one, the Unites States of Wars, Crimes and Domination. It doesn’t take a lot of imagination to realize that, again, Washington is calling the shots. Actually, the TiSA talks, similar to those of the TTIP, are infiltrated by US corporate trolls and lobbyists, making Washington the representative for the US corporate empire and, of course, for Wall Street.
According to WTO, TiSA would be opening up the market for ‘trade in services’, meaning – expect privatization of all public and social services, like health care, education, social security systems, pensions, transportation, postal services, telecommunication, water supply and sanitation, solid waste disposal – and more would all be subject to buy-outs by transnational corporations. Just look at Greece, trying hard to pay back their ill-begotten debt, selling off her national social capital, or life capital, to the detriment of the poor – by now the majority of Greek – who depend on it. Once a country has signed the trade agreements, there is no way back. It has opened its social and public sectors to rent seeking private corporations.
Like with the TTIP, should a government at a later stage realize that privatization of, say water services, did not bring the promised benefits for the people, it cannot go back and re-nationalize, or municipalize this service. Remunicipalization of water services is currently happening in France, of all places, the country with the most privatized public water supply systems. In 2012 the government and municipalities of large cities decided to re-take these vital public services. This is currently ongoing. Under TiSA rules it would not be possible. Worse – once TiSA is signed, a country cannot decide to exempt a particular sector included in the list for potential ‘liberalization’, for example, health, education and other vital social services. Corporate arbitration courts, similar to those of the TTIP, would be set up for TiSA. – These ‘negotiations’ are taking place in Geneva, under the auspices of WTO – in secret – and driven by rules, sticks and carrots, imposed by – you guessed it – Washington.
If the EU were to collapse today, both the TTIP and the TiSA talks would come to a standstill. Anyone of the 28 EU countries, or better even of the 19 Eurozone countries, could bring the EU down. A Grexit, a Brexit, a fiasco emerging from the forthcoming rehash of the Spanish elections – or a firm decision by a government to default on its (mostly) troika imposed debt, could bring the house of cards of the dollar pyramid scheme to fall – and erase once and for all the enslaving dollar-euro hegemony. Debt could be renegotiated in newly restored national currencies. Remember, the euro is barely 15 years old. So – returning to national currencies should not be dramatic, but rather a sigh of relief – relief from a debt trap, and relief from Washington’s and Brussels’ boots of oppression.
Imagine what a collapse of the EU and the euro-zone would mean for the Greek people. Though, rumors have it that more than half the Greek are still adamant in hanging on to the destructive euro, I bet, its collapse would have hundreds of thousands dancing in the streets. Syriza could forget the currently negotiated additional €3 billion austerity budget cuts – even less pension and higher taxes for the poor.
To be sure, Greek debt relief will not come from the current EU/EC-troika constellation. To the contrary, the German Minister of Finance, Wolfgang Schaeuble, has ever harsher words for Greece, as if he was threatening pushing Greece out of the EU. An empty threat, as everybody should know by now. Washington, also the masters of Germany, will not allow a Grexit, or a Brexit or an exit by any EU member. Washington needs the EU ‘intact’ to eventually serve as a slave partner in TTIP and TiSA.
What happened and continues to happen to Greece may serve as a (learning) example for other ‘weak’ southern EU countries to follow – unless, yes, unless, Greece or another country under EC-troika imposed economic and financial stress and strangulation takes the bull by the horns – taking a drastic decision: Exit the EU and the euro-zone, jump-start the local economy with a local currency, and negotiate the illegal and fraudulently imposed debt at their terms. That may bring about the end of the nefarious euro-zone – and the US-created European Union.
Be aware, the EU as it exists today, is not the invention of Europeans; it is a construct thought out immediately after WWII by the US, so as to keep Europe under her control – and to create a buffer zone vis-à-vis communism, the Soviet Union. It worked so far. This idea still prevails, as we see every day how Russia and her leader is being demonized and slandered by the western media. Let us be frank, if it weren’t for the strategic clear-headedness and foresight of President Putin, we – Europe – would be for the third time in 100 years enmeshed in a world war. And if we let this Washington imposed trend continue, Europe will become an Anglo-American  slaveland. Just look at TTIP and TiSA.
A true federation of sovereign European countries down the road, perhaps even with a common currency and a real central bank, may be a viable long-term solution for Europe. But – and this is the most important BUT, such a Europe will have to be designed by true and honest Europeans – am I dreaming? –  and absolutely without any influence of the United States of America. None.
Anyone of the 28 EU countries could return happiness to the people of Europe; could take the pain, frustration, fear and anxiety away; could reinstate national sovereignty, could bring national pride and local – instead of global – economy to the fore – by exiting the EU, by forfeiting the euro, by taking the reign of their people into the hands of a sovereign, democratic government.
A simple exit by one country – Greece, Portugal, Spain, Ireland, the UK, France… you name it, could bring the ferocious debt machine to a grinding halt, opening the opportunity of joining a new, more just and more equal monetary scheme – the nascent combined eastern economic space of China, Russia, BRICS, SCO (Shanghai Cooperation Organization) and the EEU (Eurasian Economic Union).
To be sure, time is important. Not for nothing Obama is pushing for speedy conclusions and signing of the disgraceful TTIP. The signing of these predatory agreements, TTIP, TiSA, TPP, is a key agenda item of Obama’s Presidency; his corporate and military legacy – NATO expansion is part of it – may depend on it.  Once these treaties are signed, there is no way back. If the TTIP is ratified despite all logic, and if subsequently the EU fell apart – each country would still be held accountable to the terms of the agreement. Hence, time for an EU collapse before signing of the TTIP and TiSA is of the essence.
This radical solution may be too much even for staunch EU / Euro opponents. Many of them still seek, hope and dream of a reformed EU. They still live under the illusion that ‘things’ could be worked out. Believe me – they cannot. The Machiavellian US-invented venture, called European Union with the equally US-invented common currency – the Eurozone – has run its course. It is about to ram the proverbial iceberg. The EU-Euro vessel is too heavy to veer away from disaster. Europe is better off taking time to regroup; each nation with the objective of regaining political and economic sovereignty – and perhaps with an eye a couple of generations down the road envisaging a new United Europe of sovereign federal states, independent, totally delinked from the diabolical games of the western Anglo-American empire.
Peter Koenig is an economist and geopolitical analyst. He is also a former World Bank staff and worked extensively around the world in the fields of environment and water resources. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.
 
 
Posted with author's permission.