TTIP Deal Must Be Stopped Amid Large-Scale Protests

Thursday, October 15, 2015
By Paul Martin

SputnikNews.com
15.10.2015

Fabio De Masi, Member of the European Parliament from German Die Linke party, said that protests against TTIP show that the people do not want democracy undermined by special rights for companies to sue states via investor-state dispute settlement and hinder progressive legislation via regulatory cooperation.

MOSCOW (Sputnik), Yulia Shamporova — Implementation of the Trans-Atlantic Trade and Investment Partnership (TTIP) trade deal must be stopped, in light of large protests against it and similar pacts, Fabio De Masi, Member of the European Parliament from German Die Linke party told Sputnik on Thursday.

The TTIP agreement seeks to deregulate trade between the United States and Europe and create the world’s largest trade zone, encompassing over 60 percent of global production. Several other similar deals, such as the Comprehensive Economic and Trade Agreement (CETA) between Europe and Canada and the Trade in Services Agreement (TiSA), which brings together 24 parties, are also being negotiated.

“Those free trade agreements must finally now be stopped. A quarter million demonstrating in Berlin against them –very impressive! That shows — together with more than 3,2 million signatures in the EU against TTIP, CETA and TISA – that the population of Europe does not want these free trade deal,” De Masi added, referring to the Sunday’s protest against the deals in Berlin, which brought together some 150,000-250,000, according to various estimates.

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