Trade agreements like TiSA, TPP and TTIP will sideline national laws, Wikileaks says
Wikileaks has warned that governments negotiating a far-reaching global service agreement are ‘surrendering a large part of their global sovereignty’ and exacerbating the social inequality of poorer countries in the process.
The Trade in Services Agreement exposed in a 17 document dump by Wikileaks on Thursday relates to ongoing negotiations to lock market liberalisations into global law.
If a country like China wanted to join, it would have to scrap all discriminatory practices against foreign firms – so discrimination against a foreign firm opening a hospital in China would be banned, for example.