Trans-Atlantic Trade and Investment Partnership (TTIP) is an attempt to render all economies legally subject to the big business drive for maximum profit and to establish a structure for world trade that will penalise developing countries.

The Trans-Atlantic Trade and Investment Partnership between the US and the EU was launched by President Obama in February 2013. Preliminary work had been undertaken by the Trans-Atlantic Economic Council which had been formed in 2007 by multi-national companies based in both the EU and the US. The negotiations are taking place in a series of closed-door meetings which began in 2013 and are likely to continue into 2015. They involve direct consultation with big business lobbies. The general objective is to eliminate any remaining forms of state interventions in the market and to enable companies to take legal action, in a supranational court, if they are prevented from entering services such as education and health which are supplied publicly.

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TTIP briefing