The controversial TTIP agreement has been heavily pushed by the US, with President Barack Obama calling for the deal to be signed by the end of 2015. However, critics say that the negotiations have been dominated by industry lobby groups keen to break down tight EU regulations over food safety, medicines and other major areas of trade, where the EU has tougher regulations — imposed by the European or member state parliaments.
MEPs were divided two weeks ago when they were due to vote on a motion on the TTIP but deferred it twice as MEPs tables over 100 amendments, following fierce criticism in their constituencies.
MEPs became aware of the massive public backlash they could get if the deal led to a harmonization of regulatory systems.
Corporate Lobbyists Make Up 92 Percent of TTIP Negotiations
Tess Finch-Lees, a prominent journalist, campaigner told Sputnik exclusively:
"TTIP is a corporate heist of democracy, the scale and audacity of which we've never seen before."
"The investment protector clause, known as ISDS, allows corporations to potentially sue governments for terminating contracts and, despite reassurances to the contrary, there is absolutely no evidence to claim that public services have or could be fully protected now or in the future.
"You need look no further than the Czech Republic, Slovakia and Poland who signed investor-state trade agreements to see that the worst can happen. They've been sued 127 times and lost the equivalent funds that could have employed 300,000 nurses for a year in the UK.
"EU citizens should be under no illusions. 92% of those involved in the TTIP negotiations were corporate lobbyists. So it should come as no surprise that it seeks to circumvent so called obstacles to profit, such as regulation and other hard won democratic processes that protect the rights of people, our public services and the planet."
Ms Finch-Lees wrote in her column in the Independent once that she was sitting next to a big oil company executive on a long-haul flight, while on her way to speak at an event that his company was banned from. She asked the man how he felt about this and he replied: "Corporations are driven by one thing, making as much profit as possible. If they're socially responsible in the process, that's dandy. If not, too bad. Either way profit comes before people and planet."
Critics believe the TTIP is being negotiated in secret and is anti-democratic. In the Netherlands on Monday, campaign group Foodwatch said the Dutch government was systematically misleading the Dutch people about the consequences of the controversial Transatlantic Trade and Investment Partnership (TTIP) deal.
It said figures from reports are systematically selected to give a positive image of the trade agreement and adverse effects are ignored. "It is a scandal that the government is giving the Dutch people a one-sided picture of a subject about which a great many people are worried," Foodwatch said.
MEPs were due to hammer out the next stages of the TTIP agreement at a meeting on Monday.