The Trade in Services Agreement (TISA), the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP) and the Comprehensive Economic and Trade Agreement – EU-Canada (CETA) are deep threats to public services.
They will trigger further liberalization and make it even harder for governments to regulate private companies that provide public services. These deals can make it impossible for a change in policy and prevent future governments from reversing previous privatizations. These deals will only add to the current landscape of increasing income inequality, stagnating and declining wages and extremely high trade deficits that negatively impact economic growth. This is the situation facing small, medium and large economies throughout the region.