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Saturday, 27 June 2015 02:16

Transatlantic Trade Agreement Count Spell Disaster for Culture

An anti-TTIP mural in Malmö, Sweden An anti-TTIP mural in Malmö, Sweden (photo by Johan Jönsson, via Wikimedia Commons)

We all know about NAFTA, the North American Free Trade Agreement, but TTIP, the Transatlantic Trade and Investment Partnership currently being brokered between the United States and European Union, has received some attention in Europe and remarkably little in the US. The Partnership, which has been under development since 2013 and isn’t expected to be in place until next year, is aimed at facilitating trade between the two unions. It would streamline national and international regulations and make it easier for companies from one region to do business in the other.

Measures up for inclusion in TTIP, which is being hashed out in closed-door meetings from which the press and watchdog organizations have been barred, would discourage governments from introducing any legislation that might negatively affect companies’ profits — even laws intended to ensure the safety of consumers and the environment — and would enable corporations to sue governments that did pass such measures. But what does TTIP have to do with art?

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