Miliband’s pledge on TTIP: ‘Labour will protect the NHS’

Mike Sivier's blog

140115TTIP

This is critically important for the general election next year, because timing is everything.

If any of you were in any doubt about Labour’s position on the Transatlantic Trade and Investment Partnership between the USA and the EU, this Tweet from Andy Burnham should clarify:

“Crucial commitment from @Ed_Miliband today: ‘The next Labour government will work to make sure the NHS is protected from EU competition law’.”

This is important because the Investor State Dispute Settlement (ISDS) part of the agreement would allow any foreign company operating in the UK to make a claim against the government for loss of future profits resulting from any regulatory action by the government, such as new legislation. Such claims would be considered by an unelected, unaccountable tribunal composed of three corporate lawyers whose decisions are likely to favour the corporations and would override national laws – and it is widely agreed that the…

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