5 Conclusion |
66. The negotiation process for TTIP is on-going
and much of the detail has yet to be either agreed or made public.
It is therefore not possible to come to a definitive conclusion
on the benefits or risks of an extensive trade agreement between
the EU and the US. Unfortunately, in the absence of that detail
or undertakings that negotiating texts will be made public, the
debate on the trade agreement has become polarised. The current
European Trade Commissioner, Ms Malmstr½m, is moving the
European Commission in the right direction by making more information
public. However, too much detail remains beyond public scrutiny.
TTIP has the potential to have a significant impact on the UK
economy, on jobs and on public services but the debate on it so
far has been marked by too much "dog-whistle" politics
on each side. Everyone involved in the debate on TTIPcampaigners,
lobbyists, business groups, the UK Government and the European
Commissionmust ensure that an evidence-based approach is
67. When our successor Committee revisits this matter,
we hope that those on all sides of the argument will take a more
considered approach to the benefits and risks attached to a trade
treaty between the EU and the US.