New Report: TTIP free trade deal 'would remove people's rights to access basic human needs like wate

[Ichingcarpenter]

A new report claims TTIP and CETA deals could allow all public services to be locked into commercial deals

People’s access to basic rights such as water and energy could be at the mercy of multinational corporations, according to a new report into two controversial EU free trade deals.

The report claims that the agreements could allow all public services to be locked into commercial deals that would place profit above the rights of individuals to access basic services - regardless of any possible consequences for welfare.

According to the report, Public Services Under Attack, such deals would be “effectively irreversible.” They would allow multinational corporations to sue governments that try to regulate the cost of public services if it could be proved companies’ profits would be harmed.

The two trade agreements, the CETA (Comprehensive Economic and Trade Agreement) with Canada and the TTIP (Transatlantic Trade and Investment Partnership) with the US, are currently being negotiated.

http://www.independent.co.uk/news/business/news/ttip-free-trade-deal-would-remove-peoples-rights-to-access-basic-human-needs-like-water-and-energy-a6690066.html