Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
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 | 05:38pm EDT

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"
10:25pCENTRAL PEOPLE GOVERNMENT OF PEOPLE RE : 64 countries to have exhibitions in 2nd CIIE
PU
10:19pLogitech posts 4.5% rise in quarterly operating income, retains outlook
RE
10:10pFSC FINANCIAL SERVICES COUNCIL : Media Release Australia super system world leading pdf
PU
09:58pKUDLOW : December tariffs could be removed if U.S.-China trade talks go well
RE
09:58pChina, U.S. made progress in trade talks - Chinese vice foreign minister
RE
09:16pNEWS HIGHLIGHTS : Top Company News of the Day
DJ
09:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
09:15pCITY AND COUNTY OF BROOMFIELD : COGCC Work to Repair the Davis 43-6 Plugged and Abandoned Well to Begin October 22, 2019
PU
09:10pKakao's Klaytn Welcomes Binance to its Global Blockchain Council
PR
09:03pRio Tinto studying ways to produce lithium from waste rock at California mine
RE
Latest news "Economy & Forex"