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TTIP: No, thanks...
9/7/15 16:33![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
ddstory.livejournal.comAt first sight, Silvia, a German friend of mine who co-owns a small textiles equipment workshop in Bavaria, should probably be feeling pretty enthusiastic about the impending trade agreement between the US and the EU, which is meant to enhance the movement of goods and services between the two sides of the Atlantic.
In reality though, she's concerned that the Transatlantic Trade and Investment Partnership that's now being forged in Brussels and Washington would give way too much power into the hands of the multinational companies at the expense of small businesses like hers. Her biggest concern of all is that the the details of the proposal are being discussed behind closed doors, not without the active participation of a number of large corporations. Her firm is one among thousands of small and mid-size businesses across Germany, which make up about 9/10 of the German exports and are basically the backbone of the most powerful economy in Europe.
( Read more... )
In reality though, she's concerned that the Transatlantic Trade and Investment Partnership that's now being forged in Brussels and Washington would give way too much power into the hands of the multinational companies at the expense of small businesses like hers. Her biggest concern of all is that the the details of the proposal are being discussed behind closed doors, not without the active participation of a number of large corporations. Her firm is one among thousands of small and mid-size businesses across Germany, which make up about 9/10 of the German exports and are basically the backbone of the most powerful economy in Europe.
( Read more... )
