[RT] EU-US historic trade deal: “Putting the corporation above the nation”

Posted on


Over 50 US officials are in Brussels to negotiate the Transatlantic Trade and Investment Partnership (TTIP), which, if signed, will create the world’s largest free-trade area. […]

By limiting health, safety and environmental regulations in order to boost trade, the US and EU are “putting the corporation above the nation,” Glyn Moody, journalist and author, told RT in an on-air interview. […] There would be fewer constraints and companies will benefit, but “the public will pay in terms of regulation reduced protection and that is never calculated in these trade agreements, it’s always about the bottom lines of the big companies,” Moody said. […]

The feasibility of the deal came under question after NSA whistleblower Edward Snowden leaked information showing the extent of espionage on allies abroad. […] The spying row shouldn’t affect US-EU trade talks, US Secretary of State John Kerry said as the trade partnership is “really separate from any other issues“.

http://rt.com/business/eu-us-trade-brussels-528/