martes, 30 de agosto de 2016

TTIP Has Failed Says German Economic Minister

TTIP Has Failed Says German Economic Minister

 Is the Trans-Atlantic Trade and Investment Partnership (TTIP) dead in
the water? If so it's a massive victory over the corporate power grab.

 TTIP Has Failed Says German Economic Minister 

"Everything has stalled," German Vice Chancellor and Economic Minister Sigmar Gabriel said. (Photo: Garry Knight/flickr/cc)


The UK-based economic justice group Global Justice Now celebrated Gabriel's comments. Kevin Smith, a spokesperson for the group, said:

The fact that TTIP has failed is testament to the hundreds of thousands of people who took to the streets to protest against it, the three million people who signed a petition calling for it to be scrapped, and the huge coalition of civil society groups, trade unions and activists who came together to stop it. TTIP would have resulted in a massive corporate power grab, and sovereign democracies across the E.U. would have been deeply compromised.
We’re still not out of the woods in terms of dealing the E.U.'s legacy of toxic trade deals. CETA, the free trade deal between Canada and the E.U. has already been ratified, and if the European Parliament passes it, it will come into effect before the U.K. parliament has had any chance to vote on it. So many of the controversial elements of TTIP would effectively come in through the back door with CETA, and people across Europe are already mobilizing in large numbers to stop this attempted corporate coup just like they have done with TTIP.