20:53 GMT +322 October 2016
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    Lobbyists Love TTIP: Big Business Already Exploiting New Trade Deal

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    Activists opposed to TTIP have discovered at least six instances of lobbyists exploiting the agreement to change EU laws in their favor, Der Spiegel reported.

    The Transatlantic Trade and Investment Partnership (TTIP) trade agreement has been exploited on several occasions by lobbyists who used the agreement to interfere with the legislative process in Europe, Der Spiegel reported on Monday.

    One aspect of TTIP negotiations between the US and EU uses the framework of "regulatory cooperation" to dismantle "regulatory barriers" to transatlantic trade, and prevent the emergence of new regulations that could block trade. 

    The mechanism has sparked concerns that it is used by lobbyists to change EU standards in favor of business, at the expense of regulations regarding such areas as environmental protections, safety at work and public health and food safety.    

    "Big industry has succeeded in using the framework of the Transatlantic Business Dialogue to enforce its interests at the expense of the common good," Max Bank from the campaign group Lobbycontrol told Der Spiegel.

    Transatlantic Business Dialogue (TABD) is a lobby group of CEO's that has been meeting with top officials from the European Commission and US Department of Commerce since the 1990s. 

    Der Spiegel reported that executives from companies such as BASF, Audi, Merck und Ford have used the meetings to push their agenda.

    'Study on TTIP: The dreams of lobbyists have been a reality for a long time,' reported Der Spiegel.

    ​The newspaper also quoted EU Commissioner Erkki Liikanen, who said in 2003 that TABD "makes recommendations to governments," and that "The EU and US have collectively undertaken to examine and implement the recommendations of the TABD."

    "The financial crisis revealed a few years later that no-one is really in control anymore," wrote Der Spiegel.

    "For example, the world's then largest insurer, AIG largely unnoticed used credit default swaps to make incredible bets. In the financial crisis, AIG had to be saved by the US government, with $182 billion."

    Lobbycontrol and the NGO Corporate Europe Observatory (CEO) have produced a report showing that "regulatory cooperation procedures have already been used to delay, water down and prevent legislation in the public interest."

    "The report examines the origins and impacts of TTIP's proposals for regulatory cooperation and shows that the process has been dominated by big business right from the start," CEO said, which published the report on its website.

    "The examples highlighted in the study are the weakening of EU ambition on the management of hazardous electronic waste, the lack of supervision of the insurance giant AIG in the years leading up to the 2008 financial crash, the free pass offered to US companies on the Safe Harbour agreement that allowed them to ignore rules on the protection of personal data, and delayed or weakened proposals on animal testing, ozone-depleting substances, and aviation emissions."

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    Transatlantic Trade and Investment Partnership (TTIP), EU, EU, United States
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    • pbecke
      From what I have read, I think they have been taking a massive risk in treating the public with such total contempt. When the SHTF, and people starve, particularly in the US, where their right to even assault weapons is a holy gift enshrined in their revered Constitution, who knows how ugly things could get. They rely on their militias/mercenaries, but how loyal are they gong to be to them ?
    • Mother Gorilla
      It was also an ugly case of press censorship in that hardly anything was reported on the course of the negotiations and the pro and contra arguments were heavily slanted towards the pro. Now and then activists managed to get a couple of thousands on the streets, for instance yesterday on occasion of the Green Week, an annual Berlin agricultural fair, but that is manifestly too late, since TTIP with its lax rules on animal husbandry, GMOs and chemicals in agriculture and food processing in general is already larely enacted.
    • Ivan Buckeye
      Hearing about TTIP makes me want to vomit! What the hell is going on in the west with this race to the bottom? Letting corporations trample over everyone and destroy any human decency left for ordinary folks. Makes me so angry and sickened that this is the future we have laid out before us. People will be forced to become violent in a matter of a few short years if the course isn't changed. Slavery is alive and thriving.
    • michaelin reply toIvan Buckeye(Show commentHide comment)
      Buckeye American, yes and slavery is a multi-leveled thing. :(
    • tony p
      The US having polluted its land now demands other nations to do likewise. The US is a filthy vile country void of all moral values.
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