TPP, TTIP & TISA - Trade Deals to Create a New Global Legal and Economic System

The Former US Secretary of State Hillary Clinton has dubbed the TTIP an "economic NATO," comparing it to the North Atlantic Treaty Organization military alliance. Over the last two years WikiLeaks has published chapters from two other secret global trade deals, including the Trans-Pacific Partnership Agreement (TPP) and the Trade in Services Agreement (TISA), despite unprecedented efforts by negotiating governments to keep them under wraps.

Together with the TTIP, these treaties represent the "Three Big T's", affecting 53 countries, 1.6 billion people and covering two thirds of the global economy. They aim to create a new international legal regime allowing transnational corporations to bypass domestic courts, evade environmental protections, police the internet on behalf of the content industry, limit the availability of affordable generic medicines, and drastically curtail each country's legislative sovereignty. Of the "Three Big T's", the TTIP remains the least exposed to public scrutiny, and the most significant to the interests of the European public.

The TTIP is a multi-trillion dollar international treaty that is being negotiated in secret between the United States and the European Union. It remains secret almost in its entirety, closely guarded by the negotiators, and only big corporations are given special access to its terms. The TTIP covers half of global GDP and is one of the largest agreements of its kind in history. The TTIP aims to create a global economic bloc outside of the WTO framework, as part of a geopolitical economic strategy against the BRICS countries of Brazil, Russia, India, China and South Africa.

Read more here.

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