Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

ETUC - European Trade Union Confederation : Trade unions express ‘grave concerns’ over EU-US trade agreement

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/18/2013 | 11:38pm CET

Proposals by the US on medicines and medical equipment in two new global trade deals could threaten national health systems, international trade unions are warning.

In a letter addressed to the European Trade Commissioner, Karel De Gucht, and the US Trade Representative, Michael Froman, the European Trade Union Confederation (ETUC), the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) and the International Trade Union Confederation (ICTU) have written to express their concerns that US proposals in the Trans-Atlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TTP) will "needlessly burden national health systems and increase the cost borne by patients."

International trade unions are warning against a repeat of the US-Korea free trade agreement (KORUS), which guaranteed input from producers on pricing decisions.

Under this procedure, manufacturers acquire the ability to appeal decisions made by health authorities regarding the values of pharmaceutical products and demand an increased amount of reimbursement, the letter warns.

"It is imperative that these trade and investment agreements result in increased savings for patients and national budgets instead of further enriching a few pharmaceutical and medical corporations. Public health, as well as access to affordable medicines and healthcare, are human rights that should be strengthened, not undermined, by trade arrangements," states the joint letter.

 The ETUC's positions on TTIP are available here:http://www.etuc.org/r/529

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
07:50pS&P 500 wavers after Trump trade comments, Nvidia hits Nasdaq
RE
07:49pBOARD ACTION : Economic Development Board approves awards to support two established and four startup companies in Iowa
PU
07:46pOil edges up in volatile session but headed for weekly loss
RE
07:44pOil edges up in volatile session but headed for weekly loss
RE
07:43pOil edges up in volatile session but headed for weekly loss
RE
07:43pDollar, U.S. yields slide on Fed official's rate comments
RE
07:39pDollar, U.S. yields slide on Fed official's rate comments
RE
07:36pDollar, U.S. yields slide on Fed official's rate comments
RE
07:30pTrump says China wants trade deal, U.S. may not impose more tariffs
RE
07:24pAPI AMERICAN PETROLEUM INSTITUTE : Bolstered by a strengthening economy, U.S. sets new record for petroleum demand in October
PU
Latest news "Economy & Forex"
Advertisement