It’s TTIP of your normal-everyday-hysterical-German-anti-American iceberg.
“All this enters the debate, but it surprises me a bit that the resistance is so strong in a country like Germany, where the benefits will be the greatest.”
The most controversial element of TTIP is a plan to let companies have legal disputes with governments heard by supra-national tribunals, which campaigners say would undermine national sovereignty and favour big business.
The so-called investor-state dispute settlement, or ISDS, allows firms to sue national governments if they feel that local rulings — such as health and safety regulations — violate the trade deal and threaten their investments.
The courts are a critical issue for US negotiators, who underline that these types of panels have existed for decades and are already included in thousands of trade deals worldwide, including about 400 in Europe.
„Dabei ist es geradezu bizarr, dass die Debatte in Deutschland so aufgeheizt ist: Schließlich profitiert kein Land so stark von TTIP wie Deutschland.”