Proposed EU-US trade deal threatens UN Sustainable Development Goals, says Trade Justice Movement

“TTIPing Away the Ladder: How the EU-US trade deal could undermine the Sustainable Development Goals”, 1 Sep 2015

…[T]he Transatlantic Trade and Investment Partnership (TTIP) clearly needs to be assessed for its compatibility with the SDGs [Sustainable Development Goals]…Trade agreements influence a number of policy areas…that are key to the SDGs…However both the EU and US aim to use TTIP to set in stone a particular, market-based approach to these sectors.  Given their aim of multilateralising TTIP, this would severely limit the policy options available to other countries.  The threat to governments’ policy space is made worse by the likely inclusion of an Investor-to-State Dispute Settlement (ISDS) mechanism…TTIP is also likely to directly undermine SDG 13, which commits countries to “take urgent action to combat climate change”…TTIP threatens to undermine goal 3, which commits governments to “ensure healthy lives and promote wellbeing for all at all ages”…This report reveals the huge inconsistencies between commitments under the SDGs and the current proposals for TTIP…Intended as the blueprint for multilateral trade, [TTIP] undermines the global partnership for sustainable development and directly challenges the ability of individual countries to develop their own strategies for poverty reduction...[Refers to Biwater Gauff, Codeleco, EMRAER, Lone Pine, Occidental, Singapore Airlines, Vattenfall]

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Related companies: Biwater Codelco Occidental Petroleum Singapore Airlines Vattenfall