Over 450 public interest groups from across Europe and Canada today urged legislators to vote against the Comprehensive Economic and Trade Agreement (CETA). They joined forces to defend people and planet against the threats posed by the EU-Canada agreement, which still needs to be ratified by the European Parliament. Should EU parliamentarians give the trade deal the green light, ratification votes in EU member states would follow.
In an open letter sent to legislators today, the groups express serious concerns about CETA, the ratification of which could weaken protections for workers and the environment, and provide foreign investors with extreme tools to attack public interest regulations. The open letter highlights that :
- CETA is no progressive trade deal but even more intrusive than the old free trade agenda designed by and for the world’s largest multinationals.
- the deal features many worrying provisions that sideline the needs of people and planet.
- there must be a paradigm shift towards a transparent and inclusive trade policy.
Trade unions, farmer associations, environmental and public health groups as well as human rights and digital rights organisations from both sides of the Atlantic are among the long list of signatories. Their firm rejection of CETA is exemplary for the growing opposition to the controversial agreement, which has also been criticised by legal scholars, small and medium-sized businesses, as well as a number of economists.
Trade campaigner Pia Eberhardt on behalf of signatory Corporate Europe Observatory said :
“Ratifying CETA would give corporations a carte blanche to push through their interests no matter what. CETA contains powerful tools for corporations to bully decision makers and sue for compensation if they introduce policies to protect people and the environment that may affect company profits. We would essentially see corporations hindering governments from doing the job for which they were elected.” “In times of catastrophic climate change, rising social inequality and growing anger of those who no longer feel represented by politicians, more rights for corporations is the last thing we need.”
Read the entire press release “450 European and Canadian civil society groups urge legislators to reject CETA” here.
