Britain: Health Standards and Trade

britain: And he is expected to launch negotiations soon after the debate with no chance for parliament to stop him, according to The Guardian. Britain is discovering the difficult truth about trade deals Phillip Inman Read more Last month, it emerged that US meat and pharmaceutical firms are demanding that the UK lowers its food and health standards as part of a post-Brexit trade agreement with the US. As many of us feared, Global Britain is at risk of becoming little more than an excuse to slash standards and deregulate in the interests of multinational corporations. He tabled a general debate on post-Brexit trade agreements with the US, Australia, New Zealand and the Trans-Pacific Partnership for Thursday. But something that has slipped by virtually unnoticed is the government's plan to include investor-state dispute settlement ISDS mechanisms in future trade deals. They have led to global corporations taking governments to secretive private arbitration courts in cases that can cost taxpayers billions. ISDS clauses let foreign investors sue national governments for introducing policies that harm their profits. (news.financializer.com). As reported in the news.