Since 2013, the European Union and the United States have been engaged in negotiations over a Transatlantic Trade and Investment Partnership, better known as TTIP.
TTIP is the largest bilateral trade agreement ever negotiated by the EU. Together with other NGOs in the Netherlands and Europe, SOMO has been researching the potential impact of TTIP on the Dutch economy, the lack of transparent and democratic negotiations, and the influence of multinationals on the political process.
SOMO has drawn attention to the threat that TTIP poses to democracy and the rule of law. Among the key problems is the investor-state dispute settlement (ISDS) mechanism which enables foreign investors to bring investment claims against states for public interest measures that may affect profits.read more less