Under two new trade agreements, currently in negotiation, the U.S. Food and Drug Administration (FDA) could be powerless to shut down imports of unsafe food or food ingredients. And if it tries, multinational corporations will be able to sue the U.S. government for the loss of anticipated future profits. More frightening? Negotiations for both agreements are taking place behind closed doors, with input allowed almost exclusively from the corporations and industry trade groups that stand to benefit the most. And the Obama Administration intends to push the agreements through Congress without so much as giving lawmakers access to draft texts, much less the opportunity for debate. Designed to grease the wheels of world commerce, the Trans-Atlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP) would force the U.S. and other participating countries to “harmonize” food safety standards. That means all countries that sign on to the agreement would be required to abide by the lowest common denominator standards of all participating governments. So for instance, say Vietnam allows higher residues of veterinary antibiotics in seafood than the U.S. allows, and Vietnam and the U.S. both sign on to the TPP. As a trade partner, the U.S. could be forced to lower its standards to allow for imports of seafood from Vietnam – or face a lawsuit by the seafood exporter for depriving the company of future sales of its products in the U.S. read more h
Posted on: Sat, 15 Jun 2013 21:41:06 +0000
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