New trade deal ‘bad for workers at home and abroad’

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https://morningstaronline.co.uk/article/b/new-trade-deal-bad-for-workers-home-and-abroad

MULTINATIONAL corporations will be able to sue any British government which introduces policies deemed detrimental to their profits under a new trade deal signed today by the Tories, trade unions have warned.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could jeopardise decisions such as increases to the national minimum wage, the TUC said.

It also warned that the deal could mean Britain turning “a blind eye” to exploitation and human rights abuses suffered by workers in the states covered by the agreement.

The agreement was signed by Tory Business Secretary Kemi Badenoch during a visit to New Zealand where she announced that it would “deliver billions of pounds in additional trade” despite the government’s own estimates showing that it will add only 0.08 per cent to the size of the economy over 10 years.

https://morningstaronline.co.uk/article/b/new-trade-deal-bad-for-workers-home-and-abroad

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