German Cardinal Marx favors controversial trade treaty
September 14, 2016
Cardinal Reinhard Marx of Munich has given his support to the Transatlantic Trade and Investment Partnership (TTIP), which is still under negotiation, despite public protests against the proposed trade pact.
Speaking in his capacity as the president of the Commission of Bishops' Conferences of the European Community (COMECE), Cardinal Marx said that "a just global economic order requires common rules, and TTIP could be a way to achieve this." He said that if TTIP provides ethical norms that will guide financial activities, it will be a step toward a more just economic system.
The details of the TTIP negotiations are secret, so the specific contents of the proposed agreement are not known. Critics are concerned that the agreement could favor corporate interests over workers' rights. Protest demonstrations are planned for several cities-- including Munich-- this weekend.