TTIP: will government agree to pass massive powers to transnational capital?

‘Roger Godsiff MP for Birmingham Hall Green, has tabled a Parliamentary Question asking whether government will reconsider support for the Transatlantic Trade and Investment Partnership trade deal, following the announcement that a tar sands company is suing the American Government under existing trade law after it decided against a massive new tar sands pipeline. He said “I hope that the Prime Minister will reconsider his support for TTIP in the light of this lawsuit” adding that – for instance – TTIP could leave UK taxpayers liable to being sued for billions by fracking companies.

The charge by John Hilary, head of War on Want, and many others is that ‘TTIP elevates transnational capital to a legal status equivalent to that of the nation state’’

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