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UN official calls for suspension of EU-US trade (TTIP) agreement talks over fears of corporate human rights abuses

"UN calls for suspension of TTIP talks over fears of human rights abuses", 5 May 2015

A senior UN official has called for controversial trade talks between the European Union and the US to be suspended over fears that a mooted system of secret courts used by major corporations would undermine human rights. Alfred de Zayas, a UN human rights campaigner, said there should be a moratorium on negotiations over the Transatlantic Trade and Investment Partnership (TTIP)...He said he would becompiling a report on the tactics used by multinationals to illustrate the flaws in current plans for the TTIP. De Zayas said: “We don’t want a dystopian future in which corporations and not democratically elected governments call the shots..."...Disputes have already cost governments hundreds of millions of pounds in compensation. The Swedish nuclear energy group Vattenfall is suing the German government for its decision to phase out nuclear energy following the Fukushima disaster, while the French waste and energy group Veolia sued the Egyptian government when it raised the minimum wage.

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