TTIP gets worse …

The Transatlantic Trade and Investment Partnership (TTIP), is a dangerous trade deal being pushed on the EU by American and English (let us not call it British) interests. The idea is to allow corporations to sue governments for any action that they feel might harm their profits – and it’s happening already. Egypt is being sued for nearly £50 million for the crime of raising the minimum wage. After the Arab uprisings, there was a well-justified demand for an increase in workers’ salaries, and the Egyptian government agreed to it. You would think that was purely Egypt’s business – but no. A multinational company called Veolia, which employs Egyptian workers, is suing the government under a TTIP agreement for the cost of raising the workers’ wages. If TTIP (strongly backed by the Westminster government) becomes law, it will be a blueprint for corporate controlled trade to hold down workers’ wages and deny basic human rights. The World Development Movement has been exposing this intention, and if you want to know more, simply click here.