When Murdoch is driving something then it's usually good for the 0.1% and very bad for the rest.
Last month, it emerged that US meat and pharmaceutical firms are demanding that the UK lowers its food and health standards as part of a post-Brexit trade agreement with the US. As many of us feared, “Global Britain” is at risk of becoming little more than an excuse to slash standards and deregulate in the interests of multinational corporations.
But something that has slipped by virtually unnoticed is the government’s plan to include investor-state dispute settlement (ISDS) mechanisms in future trade deals. ISDS clauses let foreign investors sue national governments for introducing policies that harm their profits. They have led to global corporations taking governments to secretive private arbitration courts in cases that can cost taxpayers billions.
[source : We cannot allow Liam Fox’s post-Brexit trade plans to go unscrutinised, Caroline Lucas, The Guardian, https://www.theguardian.com/commentisfree/2019/feb/21/liam-fox-post-brexit-trade-plan-go-unscrutinised, 21st February 2019]
No comments:
Post a Comment