Briefings The Trans-Pacific Powergrab: Why joining the Trans-Pacific Partnership would be bad for people and planet – and the UK
Briefings
READING TIME 30 mins mins
The Trans-Pacific Powergrab: Why joining the Trans-Pacific Partnership would be bad for people and planet – and the UK
The UK government is currently considering the idea of the UK joining the Trans-Pacific Partnership (TPP or CPTPP). This is a high-risk deal that will benefit big business at the expense of people and planet.
TPP would:
- Entrench the corporate court system that gives multinational corporations special powers to bully and sue governments
- Exacerbate global inequality, restricting the ability of developing countries to transform their economies
- Undermine food standards – threatening to allow chlorine chicken and steroid-fed beef into the UK, lowering the quality of food and jeopardising farmers’ livelihoods
- Undermine public services across the world – threatening the NHS and the ability of the developing countries in the deal to build their own public services
- Give more power to big tech companies to use and abuse our data, and prevent developing countries from building their digital sectors, which are vital for their development
- Take a high-risk approach to regulation of banks, hedge funds and other financial corporations
- Allow big corporations even greater power to patent and place monopolies on traditional seeds that many southern farms depend upon
- Move Britain closer to a US-style system of deregulation that would make it harder to work closely with the EU
Downloads
CPTPP TPP UK trade deals