TAFTA / TTIP: a trade with a lot of concerns

The Transatlantic Free Trade Area, or the Transatlantic Trade and Investment Partnership are in focus this week, with Barack Obama’s visit in Sweden. It is lobbyism on high level here in Sweden, with Barack Obama’s visit. And there are a lot of focuses on the new trade. Media are focusing on how this new trade will strengthen growth, both in Sweden and in the EU.
Swedish article

The Swedish government states that we, all Swedish households, will receive 4500 SEK/year, thanks to this new trade. Obviously something several people thinks will be great, without considering the negative effects.

Chairman in TABD (Transatlantic Business Dialogue) Hans Stråberg is very persistent in emphasizing that this trade will be particularly positive for small and middle-sized companies. Of course, since most people probably would react negative if he said that it is the international, large companies that will make the biggest profit. Still, this is probably what will happen. Media have already pointed out that Volvo will gain 700 million SEK.

President Obama feels that European politicians should not be narrow-minded, but instead see the big picture, but an important question for the EU is if we through this trade also will be forced to accept GMO-products, which are allowed in USA.

Europes non-GMO agriculture is actually also more productive then USA:s GMO. 

There are also concerns that WTO (world trade organization) will not be seen as equally important, which will result in poorer countries to loose export due to the new trade.
The Organization Corporate EuropeObservatory defines the TAFTA as a benefit for companies, which in long term will threaten democracy and the best interest for European citizens. CEO says that conflicts like this has increased with 250% since year 2000.

Through TAFTA companies will gain a possibility to invest in USA/EU, but if they find that their profit interest is threaten by national laws, for instance public health or climate policies, they might as well try to bring the conflict to court. This has already happened, for instance Lone Pine Resources and their demand for compensation when Canada did not want fracking in their sensitive environment or Philip Morris who claimed they did not make as big profit as they should have, due to Uruguays and Australias legislation towards cigarette smoke. Or of course the Swedish company Vattenfall, and its “loss” in Germany.

We have also already had a minister (Maria Larsson) who recently claimed that the EU:s suggestion for new tobacco rules, with 75% warning label, would be in conflict with Swedish legislation (that is, the companies right to have an own label). Maria Larsson is Minister for Children’s Right… I think it could be a nice touch to consider Children’s Right to not be forced to have cigarette smoke in their lungs.
Swedish article 

This constant demand on growth is in direct conflict with our planet’s ability to deal with mankind’s destructive and greedy life style.

More to read? The Guardian: The EU/US Trade Deal: Don't Buy the Hype

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