The documents show that US corporations will be granted unprecedented powers over any new public health or safety regulations to be introduced in future. If any European government does dare to bring in laws to raise social or environmental standards, TTIP will grant US investors the right to sue for loss of profits
The European Commission slapped a 30-year ban on public access to the TTIP negotiating texts at the beginning of the talks in 2013, in the full knowledge that they would not be able to survive the outcry if people were given sight of the deal. In response, campaigners called for a ‘Dracula strategy’ against the agreement: expose the vampire to sunlight and it will die. Today the door has been flung open and the first rays of sunlight shone on TTIP. The EU negotiators will never be able to crawl back into the shadows again.
The leak of the TTIP text comes at a time when senior politicians across Europe have already begun to distance themselves from the increasingly toxic deal. President Hollande announced this weekend that France will veto any TTIP agreement that could endanger the country’s agricultural sector. Germany’s economy minister Sigmar Gabriel has also spoken publicly of TTIP collapsing, and has pointed the finger at US intransigence as the cause. When politicians start playing the blame game in this way, you know they are already preparing their exit strategies. The writing is on the wall.
For those of us in the thick of the EU referendum debate, the contempt shown by the TTIP negotiators to the people of Europe is the most potent reminder of the democratic deficit at the heart of the EU institutions. Today’s leak of the TTIP text leaves the leaders of the European Union with a choice. Either they abandon the TTIP negotiations immediately or they risk seeing the entire European project come crashing down about their ears. They have until 23rd June to decide
