- Written by Will Denayer
The trade deals that Liam Fox is currently negotiating all push for more deregulation and for less rights for the citizenry. TiSA is one example (see here). TiSA’s aim is the complete liberalisation of services (finance, insurance, telecommunication, transport, energy services, education and health care). TiSA has a “ratchet clause” which makes the privatisation of services effectively irreversible, as it forces countries to ensure market access to foreign companies in perpetuity (see here). Corporate lobbies in the UK and elsewhere are seizing the opportunity to push the agenda of financial deregulation, privatisation of public services, undermining workers’ rights and the expansion of unaccountable trade tribunals (see also here).