Tag Archives: EC

Fears over Cameron’s ‘rocket boosters’ TTIP pledge

Cameron at the G20: He reckons he has put "rocket boosters" on the planned TTIP agreement. But is it just a lot of hot air?

Cameron at the G20: He reckons he has put “rocket boosters” on the planned TTIP agreement. But is it just a lot of hot air?

Does anyone else think David Cameron’s pledge to put “rocket boosters” on plans for a Transatlantic Trade and Investment Partnership has more to do with European Commission President Jean-Claude Juncker’s doubts about the project than anything else?

A little more than two weeks ago, Mr Juncker announced that he was reviewing part of the proposed trade agreement between the European Union and the United States of America – the Investor-State Dispute Settlement (ISDS) scheme, a part of the proposed Transatlantic Trade and Investment Partnership agreement that critics say would make it possible for corporations to sue national governments for damages if new legislation was likely to affect their profitability.

(Note that a BBC report has described it as an element of TTIP which “would allow foreign investors to go to an international tribunal for compensation if a government breaks the rules”. This is not true – Mr Juncker has stated that the Commission “will not accept that the jurisdiction of courts in the EU Member States be limited by special regimes for investor-to-state disputes” – but what can we expect from a BBC that is hopelessly enslaved to Conservative ideology?)

According to the BBC, Cameron claimed that EU and US leaders had all agreed that TTIP “is a deal we want”. Oh really?

The report goes on to say he “‘sensed an enthusiasm'” – honestly, visit the site and read it yourself if you think Yr Obdt Srvt is making it up! – “from EU leaders and US President Barack Obama during a meeting in Brisbane earlier, and was now ‘hopeful of progress’ on TTIP.”

So did they actually say they wanted this deal to go through? Or is Cameron just talking through his hat again?

Conservative ministers seem to be making a habit of coming back from meetings with foreign ministers with an extravagant claim, only for it to fall apart under examination – look at George Osborne’s disastrous failure over the EU surcharge.

Regarding the concern Mr Juncker raised over ISDS, Cameron blathered: “We’ve signed trade deal after trade deal and it’s never been a problem in the past.” How reassuring. But those trade deals were not the same as this, and it is right that Mr Juncker should examine the evidence critically in the light of public outcry. Cameron really has no power in this matter; it is an agreement between the EU – not the UK – and America.

Cameron also tried to make light of fears that ISDS would ‘lock in’ his changes to the English National Health Service, and make it possible to lock them into the health service in other parts of the UK if they fall under Tory control in the future. “There’s no threat, I believe, from TTIP to the National Health Service,” he wibbled, “and we should just knock that on the head as an empty threat.” Again, how reassuring. But he provided no guarantees and we should not believe him if he did.

You see, Cameron wants to lock his changes into the NHS, and he sees TTIP as the mechanism for achieving this.

His problem is that talks are proceeding at a pace that means any agreement will take place after the UK’s General Election in May next year – and an elected Labour government would repeal the Health and Social Care Act 2012, which allowed private healthcare firms to cherry-pick services in the English NHS, the very next day.

This is one reason you should ignore claims that Ed Miliband’s Labour Party is unelectable. Cameron is clearly terrified that he will lose power before he can hammer the final nail in the coffin of public healthcare in the UK.

His claims that all involved are keen to accelerate the TTIP agreement with “rocket boosters” are just – appropriately – gusts of hot air.

Follow me on Twitter: @MidWalesMike

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