The TTIP allows corporations to sue countries – Angelina Souren (not a lawyer)

Last Updated: May 29, 2024By

I’m re-posting this to keep the issue fresh in everybody’s mind:

One thing that stood out to me in the TTIP is that the agreement as is would give for example a large corporation the right to sue a country if it considered some of the country’s laws to be detrimental to the company’s profits. That could cost countries a lot of money, writes Angelina Souren in her article.

If corporations then start suing countries for loss of profits (and it won’t be through the regular courts), where will it all end? I doubt that anyone knows.

In the UK, you can make your view on the TTIP known through 38 Degrees, which created a good video about the topic because there is a lot more to it than what I have written. Think of fracking, the NHS, meat that has been subjected to hormone treatments, workers’ rights and so on.

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  1. amnesiaclinic September 7, 2014 at 7:22 pm - Reply

    Thanks for the reminder, Mike. My fear is that it is a big levelling down to American standards on everything in wages, conditions etc and especially gmo non-labelling etc. Because we do not really know the ramifications this should not be forced on us. Secrecy is wrong and where the only people really in the know are the corporate lawyers then we should be very worried.

  2. Jeffrey Davies September 8, 2014 at 7:57 am - Reply

    just follow austrailias news were the fag company usa one took them to court about white ciggy packets government won but still another 3 attemps waiting to be procesed it seems the vast majority are sleeping are dont want to now and remember cams a few mnths back stating that hes going for that clear packet he only done this after the news from down under jeff3

  3. Barry Davies September 10, 2014 at 7:49 am - Reply

    The ttip which will be forced on to us by the unelected failed politicians of the eussr commission will certainly lead to the rapid demise of the NHS camoron could have negotiated an opt out for health he didn’t, miliband and clegg are so enamoured with the eussr they never see any dangers, and these europhiles are selling out the remainder of what was good about our nation without any mandate from the people TTIP is the death knell.

    • Mike Sivier September 10, 2014 at 8:58 am - Reply

      You do not help your own cause by using the fascist term ‘EUSSR’ to describe the European Union. Cameron does not want a health opt-out because he wants the TTIP to lock privatisation into the NHS.

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