TTIP versus COP21: sacrificing development and a sustainable economy on the altar of growth

The statement of former president of the Lyon Chamber of Commerce, Guy Mathiolon, and the vice president of the Metropole de Lyon, Bruno Charles, offers a compact analysis of the problems of TTIP for SMEs (especially in France). At the core of the problem, they analyze a trade-of between EU and the USA: EU-companies shall be enabled to take part in American public contracts (which today are very limited for foreign companies), while in exchange some health-, environmental- and social standards in the EU shall be lowered in the interest of US-companies. While European SMEs and ETIs (“Entreprises de taille intermédiaire”, companies with 500-5000 employees) will have to bear the negative effect of competing with US-multinationals and their lower standards, the authors argue, that they won’t profit from the other side of the deal:

“In actual fact it is hard to imagine European SMEs competing with local American companies for local public contracts: only large corporates would have the clout to do this. And the result of this would be to place European SMEs and other companies smaller than the large multinationals into direct competition with companies that adhere to lower social, health and environmental standards. It would be a grave economic mistake to sacrifice SMEs and ETIs: between 2009 and 2013 ETIs created 79,000 jobs, while the large corporates shed 57,000 jobs.”

Source:
La Tribune, France, 27.11.2015: “TTIP versus COP21: sacrificing development and a sustainable economy on the altar of growth”
www.acteursdeleconomie.latribune.fr/debats/opinion/2015-11-27/tafta-versus-cop-21-le-sacrifice-du-developpement-et-de-l-economie-durable-sur-l-autel-de-la-croissance.html