Tag: TTIP

Sierra Club Releases Interactive #ToxicTrade Map

Trans-Pacific and Transatlantic Trade Deals Would Empower World’s Largest Polluters

After trade took center stage in the first presidential debate earlier this week, the Sierra Club today released a new map that reveals the coast-to-coast environmental threats of two pending trade deals — the Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) — showcasing for the first time what the Sierra Club calls #ToxicTrade.

TTIP: we were right all along

Throughout the crisis – and ostensibly as a response to it – Europe has increased its focus on external competitiveness as a means to transform both the EU and eurozone into a huge German-style, export-led economic machine (as emphasised by the Global Europe strategy). Various experts and economists have pointed out that this is a fundamentally misguided strategy.

In recent years, however, the EU has negotiated numerous bilateral trade agreements. This has been topped by the announcement in early 2013 that the EU and the US had agreed to enter into negotiations on a bilateral trade agreement, the so-called Transatlantic Trade and Investment Partnership (TTIP).

The European Commission has always argued that the agreement is aimed at ‘help[ing] people and businesses large and small, by opening up the US to EU firms; helping cut red tape that firms face when exporting; and setting new rules to make it easier and fairer to export, import and invest overseas’. Furthermore, it contends that the TTIP, will ‘kick-start’ the EU economy by ‘generating jobs and growth across the EU’ and ‘cutting prices when we shop and offering us more choice’.