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Civil Society Groups Slam EU Free Trade Pacts By Veronica Uy,
In a dialogue with some
progressive members of the European Parliament (MEPs), Ashim Roy of
“We now have one of the lowest drug prices in the world. That will be no more if the treaty is signed. We have nationalized our banks. With the FTA, our banking system (that provides loans to micro enterprises) will collapse,” he said. That is why, Socialist Party MEP Joe
Higgins of Dublin acknowledged that Europe’s big business are “dazzled”
by the potential profits that more than one billion people may provide
in the EU-India FTA. Europe’s big businesses want the “prize irrespective
of the consequences...(as they) bludgeon In a statement, the AEPF
said the signed FTAs with Joseph Purugganan, of the EU-Asean FTA Campaign Network, said one of the problems of the FTA negotiations is that the focus is only the economic side, not the social or the environmental aspects. Charles Santiago, a member
of parliament in AEPF is the civil society forum parallel to the leaders’ Asia Europe Meeting (Asem). Both AEPF and Asem are inter-regional bodies that bring together people and government officials from the European Commission, the 27 member-countries of the European Union, the 13 member-states of Asean Plus Three (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, China, Japan, and South Korea), and also India, Mongolia, and Pakistan.
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