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TTIP: Might is Right
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TTIP: Might is Right

2015 · 49 MIN · EN · STATUS: [ STREAMING ]
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The Transatlantic Trade and Investment Partnership promises Europe and the US the world's largest free-trade zone, but the clause drawing the protests isn't tariffs, it's ISDS: investor-state dispute settlement, which lets a corporation sue a government whose regulations cut into its profits. VPRO Backlight travels to Canada to see what that looks like in practice, since NAFTA made it one of the most sued countries on earth, including cases where the ISDS clause has shielded fracking operations from residents' objections. Canadian trade negotiator Steve Verheul, ISDS lawyer Gus van Harten, former Dutch negotiator Nikos Lavranos, and economist Ha-Joon Chang lay out what's actually being negotiated, largely behind closed doors, and what a US-style standard for food safety, workers' rights, and consumer protection could mean once it's written into a treaty. Tens of thousands of Europeans have already marched against the deal. The film's case is that TTIP is less a trade agreement than a transfer of leverage, from elected governments to the companies they're supposed to regulate.