CETA Signed Off As Wallonia Folds Under Pressure (freezenet.ca)

Dangerous_Minds writes: The Comprehensive Economic and Trade Agreement (CETA) has been signed off. The government of Wallonia appeared to be holding off on the agreement, but has since folded under the pressure. Two days after Wallonia agreed to the trade deal, countries signed off on the agreement. The agreement contains provisions surrounding a three strikes law, a global DMCA, site blocking, and the hugely controversial ISDS provisions to name a few. The deal still needs to be ratified for these laws to take effect.

Comments

Re:Why is Slashdot anti-trade?

[Anonymous Coward]

When companies can sue a country because polluting can yield bigger profits but the government opposes it, there's something really wrong with the world.

Re:Why is Slashdot anti-trade?

[r1348]

This kind of tribunals have been and will be used this way: https://en.wikipedia.org/wiki/Philip_Morris_v._Uruguay

Re:Why is Slashdot anti-trade?

[Tom]

You miss the point, I guess.

The opposition to the tribunals exists because it means any and all laws that are passed in the future will have to be inspected from a "possible impact on foreign trade" perspective. Member states can't pass an environmental protection law any more to protect the environment, it needs to be written so that it doesn't harm trade. They can't pass a workplace safety law anymore just to safe workers health and life, it has to be written so that it doesn't harm trade. Everything becomes a matter of international trade.

We already see the effect of this focus on the economy as the only god. In Germany, Schaeuble, the minister of finances, is without a doubt the most powerful minister and his opinion is asked and reported in the media on everything. Every law about work, immigration, foreign policy, health, education, literally everything. They made a law some years ago that forces the government to keep a balanced budget, and Schaeuble's "sorry, we don't have the money for this, and it would break the budget" can stop any law being discussed, no matter the subject.

The tribunals lead to self-censorship. Laws will be written so that they don't damage corporate interests. You will probably be proven right that the tribunals are actually called on very little - because their main effect is not in the trial, but in the chilling effect it causes.