Green MEP welcomes collapse of ‘dodgy’ US-EU trade deal

Molly, a long-time opponent of the Transatlantic Trade and Investment Partnership (TTIP) trade agreement between the UK and US, has said she is delighted that the deal looks close to collapse. Both German and French ministers have called for the talks on TTIP to be ended, blaming US intransigence for the lack of progress. Germany’s deputy prime minister has said the talks have failed and the deal is dead and President François Hollande has said France would not support a deal this year.

Greens have been at the forefront of a Europe-wide campaign against TTIP, saying it threatens environmental and social standards and would potentially allow corporations to sue governments over laws and regulations that affect their profits. Concerns over the contentious deal have prompted three and a half million European citizens to sign a petition against TTIP as well as countless demonstrations and public meetings. Molly said:

“It looks like TTIP is dead! After three years of fighting this corporate power grab it looks like the lack of support for the deal from Germany and France is the final nail in the coffin. This is the result of widespread popular campaigning and is a genuine example of people working cooperatively across Europe to stand up to corporate power. Only the Greens have consistently and completely opposed this dodgy deal, other political parties have, in varying degrees over the years, given it support. I would like to personally thank all those who stood up for the common good.”

However, Molly counters her celebrations with a warning about the threat posed by Brexit. She says there is a danger that the UK will now try and negotiate its own similar deal with the US and other countries independently. She said:

“UK campaigners must be on their guard. The Tories have been cheerleaders for TTIP since its inception. Brexiteers want to strike up new trade deals outside the EU which could prove just as destructive to the environment and to workers’ rights as TTIP would have been. There is also the threat that new trade deals will agree to allow corporations to sue the government over regulations that threaten their profits. Something known as the Investor State Dispute Settlement (ISDS), which has been a particularly dangerous aspect of TTIP. We must stop Brexit allowing the UK government to hand power over to the corporations.”