Transatlantic Trade and Investment Partnership

Debate between Andrew Percy and Christian Matheson

Thursday 10th December 2015 Commons Chamber

[Andrew Percy]

May I just even things up? We are, I am sure, in the business of facts here. Far from ISDS being for the benefit of private corporations, it is a Government mechanism, agreed by Governments largely for the benefit of Governments.

[Christian Matheson]

I do not agree. I think that it is largely for the benefit of private corporations. The hon. Gentleman and I will have to differ.

I want an economic system that works for the people, not one in which the people work for the system. TTIP will enshrine the dominance of global corporations, which have driven down wages, moved jobs into areas where they think they can pay people less, increased personal and family insecurity, and—let us be clear about this—made tax-dodging into an art form.