The Transatlantic Trade and Investment Partnership (TTIP) is a proposed trade agreement between the European Union and the United States, with the aim of promoting trade and multilateral economic growth.
Corruption in the European Union: Scandals in Banking, Fraud and Secretive TTIP Negotiations
by Graham Vanbergen
http://www.globalresearch.ca/corruption-in-the-european-union-scandals-in-banking-fraud-and-secretive-ttip-negotiations/5543935
In Brussels alone there are now over 30,000 corporate lobbyists, shadowy agitators as The Guardian puts it, which are responsible for influencing three quarters of legislation in the EU. But even they are left in the shade when it comes to the power being afforded to corporations in the TTIP negotiations.
The US Chamber of Commerce the wealthiest of all US corporate lobbies and DigitalEurope, whose members include all the big IT names like Apple, Blackberry, IBM, and Microsoft are there. So are the Transatlantic Business Council, a corporate lobby group representing over 70 EU and US-based multinationals. ACEA, the car lobby working for BMW, Ford, Renault and others, the Chemical Industry Council lobbying for BASF, Bayer, Dow, and the like, are all there.
The European Services Forum, a lobby outfit banding together large services companies are present as are powerful big Pharma companies and FoodDrinkEurope, the biggest food industry lobby group representing multinationals like Nestlé, Coca Cola, and Unilever are sitting at the negotiating table.
One in every 5 corporate lobby groups, which have lobbied for trade on TTIP (80 out of 372 corporate actors), is not registered in the EU’s Transparency Register. Of 597 closed meetings the EU Commissioners conducted over TTIP, 88% were with big corporations. Just 9% were with public interest groups.
Many, if not most of these corporations are not strangers to scandals of corruption in one sort or another. TTIP if successful, would perhaps be the apex of their achievement.
Transparency International explains the connection between lobbying and corruption thus:
Any activity carried out to influence a government or institution’s policies and decisions in favour of a specific cause or outcome. Even when allowed by law, these acts can become distortive if disproportionate levels of influence exist — by companies, associations, organisations and individuals.
It should be clear to anyone that when transparency of policy making, basic safeguards and accountability are limited, this can lead to illegal, undue and unfair influence in a country’s policies and politics. TTIP is the embodiment of a corrupt system where corporations decide what are best, not democratic principles.
Read further: http://www.europeanfinancialreview.com/?p=7757