I share reservations about TTIP in its current proposed form. No deal should be agreed unless it protects our rights as a sovereign nation, particularly in being able to do what is right for our citizens, rather than foreign investors. Before the election, we pledged that a Labour Government would exclude the NHS from any agreement and the Shadow Frontbench emphasised that the proposed ISDS mechanism is neither necessary nor desirable in its current form. The same concerns apply to CETA and TiSA.
I am pleased to say that I participated in December’s Parliamentary debate. I used the opportunity to raise concerns I have about the value of TTIP. In particular, I am not convinced that the rights and powers we may surrender are worth the returns. You can watch the speech I made on TTIP here . You can also read an article I wrote with my Labour colleagues here.
The text of TTIP will soon be made available for Parliamentarians to read at the Department for Business, Innovation and Skills, and I will of course go to read it as soon as it is available. I am also concerned by the recent legal advice from an eminent QC about TTIP’s effect on the NHS. Rest assured I will resist anything that risks its privatisation.
Rest assured I will continue to keep a close eye on this issue.