A
campaign group website says over a million people in the European Union have
signed a petition against trade negotiations with the United States.
The
petition calls on the EU and its member states to stop the talks on the
Transatlantic Trade and Investment Partnership or TTIP.
It
also says they should not ratify a similar deal that has already been done
between the EU and Canada.
Dispute settlement
One
of the concerns mentioned in the petition is the idea of tribunals that foreign
investors would be able to use in some circumstances to sue governments.
There
is a great deal of controversy over exactly what this system, known as Investor
State Dispute Settlement, would enable companies to do, but campaigners see it
as an opportunity for international business to get compensation for government
policy changes that adversely affect them.
This
kind of provision exists in many bilateral trade and investment agreements.
Friends
of the Earth have published new research on the impact they have had on EU
countries.
Information
about these cases is not always made public, but the group says that going back
to 1994, foreign investors have sought compensation of almost €30bn (£24bn)
from 20 states. Where the results are known (a small minority of the total),
the tribunals have awarded total compensation of €3.5bn (about £2.8bn).
Employment, environment
In
Britain, the possible implications of this provision for the National Health
Service have been especially controversial. Campaigners believe that the
investor tribunals would make it harder to reverse any decisions to contract
services out to international healthcare firms.
John
Hilary of War on Want said: TTIP "will make it impossible for any future
government to repeal the Health & Social Care Act and bring the NHS back
into public hands".
The
petition lists a number of other areas where its signatories believes European
standards would suffer if the TTIP negotiations are completed and the Canada
deal is ratified: employment, social, environmental, privacy and consumer
protection.
The
European Commission says the EU will not have to sacrifice its high standards.
It also says investor protection provisions are important for investment flows
and have in general worked well. But it accepts there is a need for improvement
and is trying to achieve that in its bilateral negotiations.
The
petition has been organised as an exercise called a European Citizens'
Initiative which can lead to a public hearing in the European Parliament and
require the European Commission to give a formal response explaining why it is
accepting or rejecting what the petitioners call for.
The
European Commission has already said that the petition doesn't qualify as such
an Initiative. Campaigners have launched a legal challenge to this decision.
BBC
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