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Sunday, October 12, 2014

Mass Protests Slam U.S. - EU Trade Deal As "Corporate Power Grab"

EU citizens only need to look at how NAFTA destroyed the economy of the United States and the lives of average Americans  

RT
10/11/2014

Tens of thousands of people are flooding the streets of cities all over Europe on Saturday in mass rallies against a controversial trade agreement between the US and the EU.


Talks on the pact, called the Transatlantic Trade and Investment Partnership (TTIP), started last February and, having been mostly held behind closed doors, have raised widespread concerns in the European Union and beyond.

Social networks have been mobilized for a mass campaign that has been calling on Europeans and Americans to take action against “the biggest corporate power grab in a decade.”



One of the organizers of Berlin’s demonstration, Michael Efler, told RT’s Peter Oliver: “We are protesting here against the free trade deal completely negotiated in secret, because they give corporations more rights they’ve ever had in history.”

Protests were planned in 22 countries across Europe – marches, rallies and other public events – in over 1,000 locations in UK, France, Germany, Italy, Spain, Greece, Netherlands, Poland, the Czech Republic and Scandinavian countries.

According to the international organization ATTAC, the decentralized Day of Actions unites an unprecedented number of civil society groups and individuals, social movements, trade unions and rights defenders.

The main aim of the wave of protests is “to reclaim democracy,” which in this case stands for putting an end to the negotiations on three major trade agreements: the EU-US deal (TTIP), the EU-Canada deal (CETA) and the trade in services deal (TiSA).




A controversial free trade agreement, TTIP is destined to bring down regulatory barriers. Its supporters promise a 100 billion euro GDP growth for the EU, and almost $90 billion growth for the US, as well as the creation of over 700,000 extra jobs in the US.

Opponents of TTIP warn that these figures are too optimistic, however. While cheaper goods and services would deluge the EU, the deal would create environmental problems, a loss of economic sovereignty, and bring torrents of genetically modified food and unemployment, they say.

In the UK, where over a dozen protests are taking place, people fear for the future of the country’s public services – the healthcare system, the education system and even the BBC may be susceptible to interference from large US companies.

In London, British historian and investigative journalist Andy Worthington told RT’s Harry Fear that people have reasons not to trust politicians who have been reassuring them since 1980s, yet “handing over more and more power to corporations.”

The trade agreement between the EU and the US could be finalized by the end of this year.

The leaders of Canada and the EU signed the Comprehensive Economic and Trade Agreement (CETA) this September, which is yet to be finalized. It will remove over 99 percent of tariffs between the two economies by 2016.

The Trade in Services Agreement (TiSA) is planned to liberalize the trade of services such as banking and transport between 23 parties, initiated by the US. Its draft version was released this June by WikiLeaks, which was followed by rising criticism.

Apart from the actions to stop TTIP, people from all over the globe are participating in another protest on Saturday – Global Frackdown Day, aimed at protesting against controversial oil and gas technique of fracking.

Initiated by Food & Water Watch consumer right group, Global Frackdown Day unites all continents in their struggle to protect air, water, climate and communities from fracking.



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