Can we talk about TTIP for a bit

[Talksteer]

768 said:

Is there a need for secret deals for industry standards? Normally they're best done in the open aren't they?

Industry standard are easy as is free trade is commodities.

The more difficult issue is trade in services non tariff barriers.

Some examples would be:

I invest in a nuclear power plant in your country, you make nuclear power illegal I have to close my plant down and pay for it to be decommissioned, something which would be fine if the plant had operated for 60 years and not 10. Ergo you must pay me compensation.

Effectively the intent is to stop governments behaving in an arbitrary way.

To summarize TTIP wouldn't require the NHS to be privatised, it may require changes to how former NHS provisions were provided by private contractors e.g. to open access to US companies. It would require that to re-nationalise services proper compensation would have to be given or would have to be given or terms would have to be included in the contract.

https://fullfact.org/europe/does-ttip-mean-privati...

[jjlynn27]

Talksteer said:

768 said:

Is there a need for secret deals for industry standards? Normally they're best done in the open aren't they?

Industry standard are easy as is free trade is commodities.

The more difficult issue is trade in services non tariff barriers.

Some examples would be:

I invest in a nuclear power plant in your country, you make nuclear power illegal I have to close my plant down and pay for it to be decommissioned, something which would be fine if the plant had operated for 60 years and not 10. Ergo you must pay me compensation.

Effectively the intent is to stop governments behaving in an arbitrary way.

To summarize TTIP wouldn't require the NHS to be privatised, it may require changes to how former NHS provisions were provided by private contractors e.g. to open access to US companies. It would require that to re-nationalise services proper compensation would have to be given or would have to be given or terms would have to be included in the contract.

https://fullfact.org/europe/does-ttip-mean-privati...

For me, the main worrying part is ISDS, with preferential treatments of companies over govts. There was a research on effect of ISDS as a part of trade deal between states and Canada. Don't have time to search for link now but it does make a interesting, and somewhat worrying reading.

[wc98]

Talksteer said:

Industry standard are easy as is free trade is commodities.

The more difficult issue is trade in services non tariff barriers.

Some examples would be:

I invest in a nuclear power plant in your country, you make nuclear power illegal I have to close my plant down and pay for it to be decommissioned, something which would be fine if the plant had operated for 60 years and not 10. Ergo you must pay me compensation.

Effectively the intent is to stop governments behaving in an arbitrary way.

To summarize TTIP wouldn't require the NHS to be privatised, it may require changes to how former NHS provisions were provided by private contractors e.g. to open access to US companies. It would require that to re-nationalise services proper compensation would have to be given or would have to be given or terms would have to be included in the contract.

https://fullfact.org/europe/does-ttip-mean-privati...

personally i would prefer that companies from a country with third world infant mortality rates among the poorer sections of the population had fk all to do with the nhs , maybe just me though. the states do many things well , medical care for the less well off in their society is not one of them.

[Talksteer]

wc98 said:

Talksteer said:

Industry standard are easy as is free trade is commodities.

The more difficult issue is trade in services non tariff barriers.

Some examples would be:

I invest in a nuclear power plant in your country, you make nuclear power illegal I have to close my plant down and pay for it to be decommissioned, something which would be fine if the plant had operated for 60 years and not 10. Ergo you must pay me compensation.

Effectively the intent is to stop governments behaving in an arbitrary way.

To summarize TTIP wouldn't require the NHS to be privatised, it may require changes to how former NHS provisions were provided by private contractors e.g. to open access to US companies. It would require that to re-nationalise services proper compensation would have to be given or would have to be given or terms would have to be included in the contract.

https://fullfact.org/europe/does-ttip-mean-privati...

personally i would prefer that companies from a country with third world infant mortality rates among the poorer sections of the population had fk all to do with the nhs , maybe just me though. the states do many things well , medical care for the less well off in their society is not one of them.

1: US healthcare is actually perfectly adequate in care quality, the issues with healthcare outcomes is related to lack of coverage and lack of joined up thinking across social care providers.

2: US healthcare is ridiculously expensive due to being badly structured it's not apparent that US healthcare providers would stand any great chance of winning any NHS contracts.

[mondeoman]

I'm not loving it...

https://corporateeurope.org/international-trade/20...

$900m for lost profits off a $5m investment? That's nuts. Possible future profits can't be protected this way, it's just wrong on so many levels