Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

A Brave New Transatlantic Partnership: the social & environmental consequences of the proposed EU-US trade deal

As the second round of negotiations on the EU-US trade agreement kick off in Brussels next week, a new report published by members of the Seattle to Brussels Network (S2B), including CEO, reveals the true human and environmental costs of the proposed deal. The report shows that the promises of job creation and growth are illusions; and that the real impetus behind a deal comes from major EU and US corporations that have joined forces to remove as many labour, health and environmental standards as possible in a devastating race to the bottom.

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A Brave New Transatlantic Partnership highlights how the European Commission’s bold promises of up to 1% GDP growth and massive job creation through the EU-US trade deal are not supported even by its own studies, which rather predict a trivial growth rate of just 0.01% GDP over the next 10 years and the potential loss of jobs in several economic sectors, including agriculture.

The report also explains how corporations are lobbying EU-US trade negotiators to use the deal to weaken food safety, labour, health and environmental standards as well as undermine digital rights. Attempts to strengthen banking regulation in the face of the financial crisis could also be jeopardised as the financial lobby uses the secretive trade negotiations to undo financial reforms such as restrictions on the total value of financial transactions or the legal form of its operations.

On top of that, the investment chapter of the proposed EU-US trade agreement could open the floodgate to multi-million Euro lawsuits from corporations, challenging democratic policiesat international tribunals if they interfere with their profits (see our updated analysis of the leaked Commission proposals for so-called investor-state dispute settlement under the proposed EU-US deal here).

Download a PDF of the report:

 

Comments

Submitted by Thomson Robert (not verified) on

SOME LINKS ARE BROKEN. IS SUFFICIENT TO JOIN THEM.

MONSANTO IS PUSHING SECRETELY FOR AN ECONOMIC UNION BETWEEN UNITED STATES AND THE EUROPEAN UNION ( Transatlantic Trade and Investment Partnership TTIP) BUT ALSO FOR Trans-Pacific Partnership (TPP) AND Regional Comprehensive Economic Partnership (RCEP).
" Negotiations for the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) are grabbing headlines around the world. Meanwhile, Asia’s own mega-regional trade deal — the Regional Comprehensive Economic Partnership (RCEP) — is quietly being negotiated. But it deserves more press: the RCEP could create the world’s largest trading bloc and have significant implications for the world economy. So what would the RCEP cover and who will it benefit? " http://ronmamita.wordpress.com/ 2013/05/20/tpp-ttip-and-rcep/
" The TPP is a proposed free trade agreement under negotiation by (as of August 2013) Australia, Brunei, Chile, Canada, Japan,[9] Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. " https://en.wikipedia.org/ wiki/Trans-Pacific_Strategic_Economic_Partnership
http://ronmamita.wordpress.com/ 2013/11/13/the-tpp-is-by-far-the-largest-and-most-oppressive-economic-treaty-devised-thus-far/

" The threat of the US-EU trade deal http://morningstaronline.co.uk/a-6dea-The-threat-of-the-US-EU-trade-deal

Friday 28th Februay 2014

The TTIP will allow companies to control governments, writes JEREMY CORBYN
An ominous veil of secrecy surrounds negotiations on the Transatlantic Trade and Investment Partnership – a sweeping trade deal between the European Union and United States.
Members of national and European parliaments, like their counterparts in the US Congress, have been kept in the dark about the details.
What we do know is that its backers claim that the eventual agreement will boost economic jobs and create vast numbers of new jobs on both sides of the Atlantic.
It is claimed that economic growth will be increased by 0.5 per cent a year by 2027 as a result of this deal.
There is no hard evidence to back up such figures, but we know for certain that there are going to be big prices to pay along the way.
In the Commons this week there was a rare discussion by parliamentarians on the potential impact of the TTIP.
Front benchers were keen to press the idea that fewer barriers between the US and Europe would be an overwhelmingly good thing.
But there were also serious concerns voiced on the power of corporate lobbyists to undermine parliamentary democracy because the deal will allow them to demand and exercise commercial “rights” that over-ride national sovereignty when it comes to public services and other areas of policy.
Paisley & Renfrewshire North MP Jim Sheridan expressed concern that “the TTIP will allow companies to wield control over national governments and in the long run may not help those we’re told it will.
“We should have an agreement that helps ordinary people and not big corporations,” he said.
The disastrous experience of the North American Free Trade Agreement (Nafta) between Canada, Mexico and the US provides cause for deep concern about the TTIP.
Then, as now, it was promoted as having the potential to create millions of jobs.
In fact Nafta has resulted in job losses and a race to the bottom as US farm exports flood into Mexico and US companies transfer operations to their poorer neighbour to exploit lower wage rates.
Today there is huge opposition in all three countries to Nafta.
War on Want, in an excellent briefing on the TTIP, characterised the deal not as a negotiation between two competing trading partners, but as “an assault on European and US societies by transnational corporations seeking to remove regulatory barriers to their activities on both sides of the Atlantic.”
This is not a traditional trade agreement but it is all about deregulating society, removing social standards and environmental regulations and ensuring that public services are opened up to private enterprise.
The secrecy surrounding its contents is so great that not even government officials from EU member states have been allowed to see the documents up front.
Eventually a final agreement will be released and will be imposed on citizens of EU member states and the US.
The omens are not good.
The negotiators see collective labour agreements as a challenge and restriction on business.
The US has refused to sign most International Labour Organisation conventions on core standards including freedom of association and the right to organise, so it’s hard to see where the TTIP is leading to other than a transatlantic attack on trade unions.
Rights at work, the working time directive, health and safety legislation, redundancy payments and employment protection were all hard-fought-for gains by trade unions on both sides of the Atlantic.
Now all this may be put at risk in a levelling down of protections.
Food standards are also threatened, with enormous pressure from US-based global brands to water down European legislation on GM crops, food safety and animal welfare.
But the biggest prize of all for those who stand to gain from TTIP are our public services.
Currently the NHS is required to provide health care free at the point of use for everyone.
So far Britain’s Tories have retained that principle, but they have built on a lot of what new Labour was trying to do in “opening up” the NHS to private-sector companies.
Already US health companies are lining up in the hunt for big profits by running sections of the NHS with fewer staff earning lower wages and on worse conditions.
The threat posed to health services is similar in other European countries, yet tellingly the EU has not sought to exclude health from the TTIP negotiations.
Public debate on the deal remains strangely absent, but it remains possible that strong trade union opposition to assaults on working conditions could significantly alter the process of negotiations.
It’s also quite possible that the more isolationist elements in the US Congress will seek to block its passage.
What’s certain, though, is that the stakes are extremely high.
The EU is continuing to pursue its central goal of being a place where big business has free rein to operate.
At the same time US corporations are eyeing up a greater global role.
And from what little has penetrated the veil of secrecy surrounding negotiations, it appears increasingly that any potential positives for workers, and on environmental issues and public services are being sidelined in favour of greedy bankers and multinationals which see vast profits to be made.

Jeremy Corbyn is Labour MP for Islington North. http://dearkitty1.wordpress.com/2014/02/28/transatlantic-trade-and-inves... "

" The language that was written for the TTIP could open doors for companies like Monsanto, allowing them to push their genetically engineered food production overseas as well as in the United States.
Senator Ron Wyden (D-Ore.) has been a very outspoken critic of the TTIP and the Trans-Pacific Partnership or TPP, had this to say about the Transatlantic deal:
“US seed companies that for a decade have been struggling to break the deadlock over the authorization for the cultivation of their [GM] seeds now will be presented with the ultimate opportunity to change the entire process to suit their needs.” "
http://21stcenturywire.com/ 2013/07/09/transatlantic-trade-deal-being-pushed-in-secret-amidst-the-nsa-scandal/

1) WHO CONTROLS MONSANTO ?

MONSANTO AND BLACKWATER ARE LINKED WITH BILL GATES.
" Almost simultaneously with the publication of this article in The Nation, the Via Campesina reported the purchase of 500,000 shares of Monsanto, for more than $23 million by the Bill and Melinda Gates Foundation, which with this action completed the outing of the mask of "philanthropy." "
http://www.gmwatch.org/latest-listing/1-news-items/12581-machines-of-war...
http://www.guardian.co.uk/global-development/poverty-matters/2010/sep/29... http://whale.to/a/monsanto_h.html http://whale.to/c/cartels.html - http://naturalsociety.com/monsantos-gmo-seeds-farmer-suicides-every-30-m... http://www.sourcewatch.org/index.php?title=Monsanto

BILL GATES IS LINKED WITH THE BRITISH ROYAL FAMILY AND WITH GOLDMAN SACHS BOTH FRONTS OF THE ROTHSCHILDS.
http://www.nwrage.org/content/bill-gatess-so-called-philanthropic-founda...
" Gates was made an honorary Knight Commander of the Order of the British Empire (KBE) by Queen Elizabeth II in 2005. " https://en.wikipedia.org/wiki/Bill_Gates
" Lord JACOB ROTHSCHILD, the behind-the-scenes controller of the Inter-Alpha Group, was a partner at Rothschild at the time he set up the Inter-Alpha Group in 1971, using its resources and then leaving in 1980 to continue his special mission, which includes advising the genocidal British Crown and managing the funds of Prince Charles’ Duchy of Cornwall, to finance his kooky, “green” schemes." http://unitednationsoffilm.com/?p=1728
" Prince Charles already played polo with EVELYN DE ROTHSCHILD in his student years and later set up the Interfaith consultations with him. "
http://www.gnosticliberationfront.com/people_with_the_endless_bios.htm
EVELYN DE ROTHSCHILD " In 1989, he was knighted by Queen Elizabeth II,[2] for whom he serves as a financial adviser. " https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild
THE BRITISH ROYAL FAMILY HAS THE CONTROL OF THE ROYAL BANK OF SCOTLAND.
http://www.mirror.co.uk/news/uk-news/prince-charles-dumps-rbs-boss-372885
BUT THE ROYAL BANK OF SCOTLAND IS RELATED ALSO WITH THE EDMOND DE ROTHSCHILD OWNED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild ) AND BY HIS WIFE ARIANE DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ).FOR EXAMPLE THROUGH THE PERSONS OF LAURA SCOLAN AND MARK PHILLIPS,ETC..
http://www.linkedin.com/pub/laura-scolan/a/ba1/7b7 http://www.linkedin.com/pub/mark-phillips/4/5b9/772 http://www.lejdd.fr/Economie/Images/Les-plus-grosses-fortunes-de-France/...

MONSANTO IS LINKED ALSO WITH COCA COLA, PEPSI, NESTLE AND KRAFT.
http://fracturedparadigm.com/2013/04/02/boycott-monsanto-a-simple-list-o...
THEREFORE ALSO COCA COLA, PEPSI, NESTLE AND KRAFT ARE CONNECTED WITH JACOB ROTHSCHILD, BENJAMIN DE ROTHSCHILD, ARIANE DE ROTHSCHILD AND EVELYN DE ROTHSCHILD.
" Pepsi, Nestle scandal – flavour ‘enhanced’ by aborted foetal cells "
http://www.investigatemagazine.co.nz/ Investigate/2437/pepsi-nestle-scandal-flavour-enhanced-by-aborted-foetal-cells/
http://truthseeker1313.com/2013/12/04/coke-supports-gmos-sign-the-petition/

2) NATO, THAT PUSH FOR TRANSATLANTIC DICTATORSHIP, IS CONTROLLED BY THE ATLANTIC COUNCIL THAT HAS STRONG RELATIONS WITH DEUTSCHE BANK. http://www.atlanticcouncil.org/blogs/natosource/us-ambassador-to-germany...
CAIO KOCH-WESER, VICE CHAIRMAN OF DEUTSCHE BANK IS ALSO CO-CHAIRMAN OF THE BUSINESS AND ECONOMICS ADVISORY GROUP (BEAG) OF THE ATLANTIC COUNCIL. http://www.atlanticcouncil.org/about/advisory-groups
" On April 28 the Atlantic Council held its annual awards dinner at the Ritz-Carlton hotel in the Foggy Bottom neighborhood of Washington, D.C. where the U.S. State Department is also situated.
The honorees were headed by former President Bill Clinton, who was given the Distinguished International Leadership Award for his intervention in the Balkans in the 1990s, expanding the North Atlantic Treaty Organization and launching the North American Free Trade Agreement. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee of Deutsche Bank AG, was presented with the Distinguished Business Leadership Award. "
( Atlantic Council: Securing the 21st Century for NATO http://usa.mediamonitors.net/content/view/full/74126 )

ALSO MERKEL HAS STRONG RELATION WITH DEUTSCHE BANK http://www.germany.info/Vertretung/usa/en/__pr/P__Wash/2013/06/19-TTIP-B...

" Opposition lawmakers and German media have accused Ms. Merkel of hosting a private party at taxpayer expense for the birthday of Mr. Ackermann [FORMER CEO OF DEUTSCHE BANK], an influential but controversial figure in Germany. "
" A German official confirmed that Mr. Ackermann proposed guests' names to the chancellery. Guests included executives from big German companies such as BASF AG and Siemens AG, as well as media publishers and some leading academics. " http://online.wsj.com/ article/SB125133086245062187.html

WHO CONTROLS DEUTSCHE BANK ?

WE CAN NOTICE RELATIONS AMONG LORD JACOB ROTHSCHILD AND DEUTSCHE BANK.
https://wikispooks.com/ISGP/organisations/introduction/PEHI_Jacob_de_Rot...
DAVID HAYSEY HEAD OF PUBLIC EQUITIES AT RIT CAPITAL PARTNERS AND IN THE PAST DIRECTOR AT J ROTHSCHILD CAPITAL MANAGEMENT, BOTH OWNED BY JACOB ROTHSCHILD, HAS BEEN MANAGING DIRECTOR AT DEUTSCHE BANK. http://uk.linkedin.com/ pub/david-haysey/1b/470/bb3
THERE ARE ALSO LINKS AMONG EVELYN DE ROTHSCHILD AND DEUTSCHE BANK. https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Ro...
LYNN FORESTER DE ROTHSCHILD, THE WIFE OF EVELYN DE ROTHSCHILD, IS A DIRECTOR OF DEUTSCHE BANK.
" In addition, she serves as a Trustee of the ERANDA Foundation (a Rothschild family foundation), the Outward Bound Trust, the Alfred Herrhausen Society of International Dialogue of Deutsche Bank and the Global Commercial Microfinance Consortium Advisory Board of Deutsche Bank. "
https://en.wikipedia.org/wiki/Lynn_Forester_de_Rothschild
DEUTSCHE BANK IS CONNECTED ALSO WITH THE EDMOND DE ROTHSCHILD OWNED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild ) AND BY HIS WIFE ARIANE DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ).
NICOLAS HINDI, THAT WORKED AT THE BANQUE PRIVEE EDMOND DE ROTHSCHILD, IS M&A ANALYST AT DEUTSCHE BANK.
http://in.linkedin.com/ pub/nicolas-hindi/31/912/265
http://www.zerohedge.com/news/2013-04-29/728-trillion-presenting-bank-bi...

3) EUROPEAN UNION AND OBAMA ARE WELL CONTROLLED BY GOLDMAN SACHS.
http://prof77.wordpress.com/politics/ an-updated-list-of-goldman-sachs-ties-to-the-obama-government-including-elena-kagan/
OBAMA IS ALSO A FRIEND OF THE BRITISH ROYAL FAMILY, FRONT OF THE ROTHSCHILDS. http://www.bbc.co.uk/news/uk-13489879
GOLDMAN SACHS CONTROLS ALSO THE EUROPEAN UNION BECAUSE MARIO DRAGHI, THE CHIEF OF THE EUROPEAN CENTRAL BANK, IS A MAN OF GOLDMAN SACHS. http://www.independent.co.uk/news/business/analysis-and-features/what-pr...

WHO CONTROLS GOLDMAN SACHS ?
GOLDMAN SACHS IS CONNECTED ALSO WITH WARREN BUFFET A FRIEND OF JACOB ROTHSCHILD AND EVELYN DE ROTHSCHILD.
"Buffett’s Berkshire Hathaway Inc. is the largest shareholder in New York-based Goldman Sachs."
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQWV0pN.Y1LQ&pos=1
Lord JACOB ROTHSCHILD "Hosted the European Economic Round Table conference in 2002 at Waddesdon Manor, attended by such figures as James Wolfensohn, Nicky Oppenheimer, Warren Buffet, and Arnold Schwarzenegger " https://wikispooks.com/ISGP/organisations/introduction/PEHI_Jacob_de_Rot... https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Ro...
GOLDMAN SACHS IS CONNECTED ALSO WITH THE BANK EDMOND DE ROTHSCHILD.
" Christoph Ladanyi is a private wealth manager and investment banker who started his career with Merrill Lynch in New York. He subsequently joined Goldman Sachs in London where he was one of a team of senior bankers who built the investment banking franchise in the German speaking countries. In 2000 he was appointed Head of Technology Investment Banking at Lehman Brothers, Europe, before becoming Head of European Private Wealth Management in 2004. He successfully transferred his business to Barclays Wealth in 2008. Christoph is now a board member for a number of financial services and investment firms, and is a founding partner of EDMOND DE ROTHSCHILD's private wealth advisory business in London. Christoph holds a law degree from University of Vienna and an MBA degree from INSEAD in Fontainebleau. "
http://www.zoominfo.com/p/Christoph-Ladanyi/23971288
THE EDMOND DE ROTHSCHILD IS OWNED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild ) AND BY HIS WIFE ARIANE DE ROTHSCHILD. ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild )
http://www.lejdd.fr/Economie/Images/Les-plus-grosses-fortunes-de-France/...
" Benjamin de Rothschild, only son of the late Edmond de Rothschild, was a classic case of great expectations gone astray. Despite being groomed for greatness from a young age, as a teenager he skipped university and instead headed for Los Angeles with dreams of being a film producer. In LA he started taking drugs, and ended up on heroin. Meanwhile, he failed to make it into Hollywood's charmed circle and bombed as a film-maker. " http://www.independent.co.uk/arts-entertainment/poor-little-rich-boys-10...
http://wikimapia.org/6825620/fr/Chateau-de-Pregny - http://www.panoramio.com/photo/77169200 - https://en.wikipedia.org/wiki/Waddesdon http://www.waddesdon.org.uk/ - http://www.thefullwiki.org/Waddesdon_Manor - http://www.thefullwiki.org/Ascott_House http://www.breathingenglishair.blogspot.fr/2012/04/ascott-house-buckingh...

THESE DANGEROUS ECONOMIC UNIONS ( TTIP TPP RCEP ) HAVE ECONOMIC NATURE BUT, VERY PROBABLY, IN THE FUTURE WILL BECOME ALSO MONETARY UNIONS AND AT THE END WE WILL HAVE A GLOBAL CURRENCY. ALSO THE EUROPEAN UNION STARTED LIKE ECONOMIC UNION BUT THEN BECAME A TOTALITARIAN MONETARY UNION. http://www.singleglobalcurrency.org/documents/ArticleEconomist1988GetRea...

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Open letter on TTIP and financial regulations to U.S. and EU negotiators from civil society organisations
Dozens of civil society groups from all across Europe have released a joint statement denouncing EU plans for regulatory cooperation as well as the continued secrecy surrounding the talks.
Statement by civil society organisations on regulatory cooperation in TTIP.
The EU Commissions' proposals on "regulatory cooperation" poses a threat to regulation that protect our healt, the environment and our welfare - and they are a threat to democracy. Read the beginners guide to regulatory cooperation from Corporate Europe Observatory, LobbyControl and Friends of the Earth Europe.
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The European Parliament has overwhelmingly voted in favour of freezing the budgets of the Commission's problematic advisory groups, formally known as Expert Groups. Surprisingly, this is the second time in four years that the Parliament has taken such a drastic step, after the Commission failed to tackle corporate domination within these influential groups (see graph below).
As part of her inquiry into the Commission's implementation of UN tobacco lobby rules, European Ombudsman Emily O'Reilly has asked Commission President Barroso for “a supplementary opinion” with proper answers to questions raised in her inquiry. O'Reilly took this step after having received a seriously unconvincing letter from Barroso that fails to address the specific questions and arguments put forward by CEO in the complaint that sparked the Ombudsman's inquiry.

Corporate Europe Forum