The UK's post-Brexit CPTPP free trade deals allow foreign corporations to sue the UK goverment for billions of pounds.
Investor-State Dispute Settlement (ISDS) is a secretive corporate justice court was set up by The World Bank in 1966
The vast majority of Brexiters have no idea about how much more punishment is being installed by stealth. Firstly, all CPTPP free trade deals contain Investor-State dispute clauses (ISDS), which means foreign companies can now sue the UK Govt for billions of pounds for breaches of contract such as a foreign company's right to pollute the environment, poison food products, dismantle workers rights, etc.
Foreign companies signed up to ISDS can bypass domestic courts of the UK ignoring its sovereignty by imposing their decisions. ISDS was set up in 1966 by The World Bank, it is a secretive corporate justice court whose committee is arbitrated by 3 members, neither of whom have a law degree.
Secondly, the Tories and Labour colluded on installing 74 deregulated Special Economic Zones (SEZs) and 12 Freeports which carve out entire regions of the UK designating them as corporate-run fiefdoms/tax havens with corporate tax breaks set at 10 years, and licenses set at 25 years by Jeremy Hunt. The bidding period was between 2021 and 2022, Labour MPs, Mayors, councillors, Lords, and Baroness signed off with Sunak, Truss, and 'the brains behind Brexit' Shanker Singham who once said 'we are looking at laws as services that companies demand'.
Singham came up with the deregulatory structure for UK SEZs and Freeports, he is a man with extraordinary influence, and access to UK MPs.
There are many types of SEZ, export processing zones, bio-tech zones, university zones, food zones, business park zones, and so on.
UK SEZs contravene EU laws on State aid that prohibits governments of member states from giving public money to companies solely for profit making, why? Because this distorts the EUs Single Market by creating an unlevel playing field. Now think of why Starmer says 'There will be no rejoining the EU in my lifetime'. This means collective sovereignty (people power) has been sold to asset-stripping corporations who will privatise all public services, including bankrupt councils. Brexit was based on 'exit' strategies from the 1960s, what were once considered radical libertarian fringe fantasies are now a reality.
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