The
European Union and the United States are about to agree terms for
negotiating a free trade treaty. Prime minister David Cameron has made
reaching agreement a priority for the meeting of the G8 countries on
17-18 June, which he is chairing. It is hoped the treaty will be signed
by the end of 2014. The European Commission says it will be “the biggest
bilateral trade deal ever negotiated,”1 adding £73bn (€85bn; $110bn) a year to the EU’s economy.
Officially
titled the transatlantic trade and investment partnership (TTIP), this
is the latest in a series of agreements to “liberalise” trade between
wealthy nations. The EU has been negotiating a similar deal with Canada,
the comprehensive economic and trade agreement (CETA), since 2009.
These agreements focus on “harmonising” regulation and opening up
markets: often this involves privatising public services. Though
governments negotiate the agreements, they are designed to benefit large
transnational corporations and protect foreign investors.
Cameron
said of the TTIP talks: “Too often in trade, the voices defending
special interests shout loudest. But it makes no sense to exclude vital
parts of the economy. Everything is on the table with no exception. ”.
Some
health policy analysts have deduced that the NHS will be one of the
markets the government opens to US interest. Since the Health and Social
Care Act 2012 it has been primed to make ever more use of competition,
in England at least. The result could be many more NHS services
contracted out to private providers...."
FOR SOURCE SEE HERE.
FOR SOURCE SEE HERE.
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