Londoners protest EU-US deal

April 18, 2015 in News by RBN Staff

Source: PressTV
Sat Apr 18, 2015 2:31PM

Hundreds of political activists have gathered in London to protest a controversial EU-US trade agreement. 

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The protest has been organized by British campaign groups War on Want, Global Justice Now, Keep Our NHS Public, Brick Lane Debates and Students against Transatlantic Trade and Investment Partnership (TTIP).

The trade deal is currently being negotiated behind closed doors in Brussels. It has been the subject of heated criticism among academics, campaign groups, austerity campaigners and economic policy activists across the globe.

Experts warn that the agreement will enhance corporate power, and promote the privatization of vital public services.

“The European and Atlantic trade partnership and the same but specific one, are both designed to ensure that the US corporations will be in such position that not only they will dominate, but they will effectively control,” London-based Professor of Binary Economics Rodney Shakespeare told Press TV.

He went on adding that the deal is a great lie which smashes up the world economy.

“It is leading to increased debt; it is increasing the rich and poor division and is a failure to address the technological shift. If these agreements are signed, the ordinary people will have no way of challenging them and nor will a government,” he said.

Shakespeare cited UK economy saying with the deal any American health corporation, will be able to challenge the whole existence of all of the UK health service.

“These agreements will allow the smashing of UK health services, and smashing of anything anywhere, because they can pick a figure out of the air and they can then stop the existence of anything they claim is affecting them.”

He called on the UK and US to stop negotiation on the deal. He said, these agreements are being negotiated on the grounds that they represent economic efficiency and economic justice.

MTM/MH