Leaked proposal for EU-US trade deal increases business power in decision-making | Corporate Europe Observatory

Leaked proposal for EU-US trade deal increases business power in decision-making | Corporate Europe Observatory:

 A leaked EU negotiation proposal for the EU-US trade agreement reveals the European Commission's plans to fundamentally change the way regulations will be adopted in the future. Such reforms, if adopted, could seriously undermine existing EU rules on food safety, consumer protection, the environment and many other areas as the proposals give new powers to business to call a halt to proposed legislation which conflicts with their interests, or to re-negotiate existing regulations.

As the third round of negotiations for a Transatlantic Trade and Investment Partnership (TTIP) begins today in Washington (US), the leaked document, intended for today's meeting, shows the details of so-called “regulatory cooperation” to be included in the deal.