Transatlantic Trade and Investment Partnership

Debate between Geraint Davies and Anne Main

Thursday 15th January 2015 Commons Chamber

[Geraint Davies (Swansea West) (Lab/Co-op)]

I beg to move,

That this House believes that the Transatlantic Trade and Investment Partnership and any associated investor-state dispute settlement provisions should be subject to scrutiny in the European Parliament and the UK Parliament.

I thank the 60 or so MPs who supported this Backbench Business Committee debate, as well as the Committee’s Chair and those who supported the early-day motion and my International Trade Agreements (Scrutiny) Bill. This debate is supported by trade unions, business and environmental movements, and 38 Degrees has also got involved. Many people are encouraged and Members are glad that they are able to engage with hundreds of constituents on this important issue.

This issue is fundamental to the balance of power between democracy and multinational giants who want to impose their interests on our democratic rights. Our right to scrutinise this very important and strategic trade agreement, which will have global ramifications into the future, is imperative. If we end up with a situation where multinational companies are able to sue democratically elected Governments over laws they have passed to protect their citizens, we will be in the wrong place altogether.

[Mrs Anne Main (St Albans) (Con)]

Hundreds of my constituents have contacted me about this issue, and there is concern about things being stitched up behind closed doors, such as the use of genetically modified crops and so on. It is welcome that the issue is debated and kept under scrutiny by this Parliament.

[Geraint Davies]

I very much welcome that intervention. The harsh reality is that this deal is being stitched up behind closed doors by negotiators, with the influence of big corporations and the dark arts of corporate lawyers. They are stitching up rules that would be outside contract law and common law, and outside the shining light of democracy, to give powers to multinationals to sue Governments over laws that were designed to protect their citizens.