This event has gone almost unreported in state and orporate media – and unnoticed. No lessons have been learnt from TTIP – except how to further reduce democracy in the EU.
Unlike the Canadian-European trade agreement Ceta, Jefta does not need to be ratified by the parliaments of EU member states. The negotiators have outsourced all points that would have required approval. This includes the controversial investment protection, which grants companies special rights of action against political decisions, for example on environmental protection.
The now ratified agreement will soon be followed by others, such as one with the South American confederation of states Mercosur and Australia