The Transatlantic Trade and Investment Partnership (TTIP), which is currently being negotiated between the EU and the U.S., will affect the whole world. Many regions of the world including Brazil, Russia, India, China and South Africa (BRICS) and the Global South are being excluded from the trade negotiations and hardly get attention in the debates around TTIP. This trend is shifting today because TTIP as an “economic NATO” is comparing the rise of BRICS, especially China and Russia, with a looming “descent of Europe.” According to the negotiating partners, the economic rise of the BRICS has to be prevented. But at what price?

This booklet—published by the Rosa Luxemburg Foundation in cooperation with IATP, Focus on the Global South, Transnational Institute and the Institute for Policy Studies with contributions from Karen Hansen-Kuhn of IATP, Roland Kulke of the Rosa Luxemburg Foundation, Florian Horn of liafa—delivers facts and arguments why TTIP is a threat not only for the EU and the U.S., but for the whole world. Ultimately TTIP would serve as an instrument for the economic and political elites of the West to maintain their hegemonic power and dominance. People in the Global North as well as in the Global South will pay the price for this agreement.