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The Myth of Global ‘Free’ Trade – Pepe Escobar

The key to TTIP is the so-called Investor-State Dispute Settlement mechanism that essentially gives corporations free reign to sue governments using a “failure to implement” provision, if state policies or legislation interfere with profits. But is this all about trade?

There was a direct, crucial “secret” agenda linking the G7 meeting in Germany and theBilderberg meeting in Austria last week; the advancement of the virtually secret negotiations towards the Transatlantic Trade and Investment Partnership (TTIP), the massive free trade agreement between the US and the EU.

Even though the corporate powers behind TTIP are itching for a deal to be reached before the end of 2015, serious (negotiation) trouble remains.

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