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EU Say No To TTIP: The world’s largest free trade zone is coming – what will it mean?

Say no to EU-US Trade Deal
The EU and US are in talks to create the world’s biggest free trade zone, claiming it will make both regions richer than ever.

But critics question the alleged economic benefits of the deal – called the Transatlantic Trade and Investment Partnership (TTIP) – and say the inclusion of investor-state settlement dispute clauses will undermine democracy.

Activists will take to the streets on Saturday (April 18) in what is expected to be one of the biggest protests against the EU-US trade deal.

A huge alliance of groups have come together to organise a global day of action (#A18DoA) against the Transatlantic Trade and Investment Partnership (TTIP).

Negotiations began in 2013. The ninth round of talks is set to begin in New York on Monday, April 20, 2015.

Karel De Gucht, former EU commissioner for trade, said last year there was a “window of opportunity” to tie up the deal in 2015, or early 2016.

One key area where the US and EU differ is genetically modified foods.

The production of GM foods sees DNA from another organism added to them to create a perceived advantage. For example, proponents of GM crops argue they can be made to be more resistant to pests, thereby increasing productivity.

The EU has some of the strictest GM regulations in the world (each case is subject to a science-based evaluation by the European Food Safety Authority before going before the European Commission) and has authorised just 52 to date.

The US, on the other hand, is the largest commercial grower of GM crops in the world. It wants the EU’s regulatory process to be harmonized.
The EC says the trade deal will not see laws changing on GMOs: “Basic laws, like those relating to GMOs or which are there to protect human life and health, animal health and welfare, or environment and consumer interests will not be part of the negotiations.”

Friends of the Earth in Europe said: “US negotiators at the talks have been clear that one of their main aims is to increase market access for US agri-business and hormone and anti-biotic treated meat and poultry  products.

Note EU-Digest: This agreement known as TTIP would be a disaster for the EU similar to what NAFTA turned out to be for Mexico and Canada, and give US multi-nationals an even greater influence over our lives than they already have. The prosperity TTIP claims it will be creating is total nonsense. We can only hope the EU parliament does not fall for it.

Read More: The world’s largest free trade zone is coming – what will it mean? | euronews, world news

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