Further damage to Hungary's sovereignity?

Márton Gyöngyösi says that the negative impacts of the agreement are hushed up even though they are "quite obvious in terms of this free trade agreement," and are against the Hungarian national interests as well. In his words: EU integration means that "Hungary was swallowed by a large predatory fish, and now this large predatory fish will be devoured by an even larger killer whale, so Hungary's position would be twice as vulnerable as before."

Multinational companies could sue countries

Based on the Investor-State Dispute Settlement (ISDS), states can be sued, in other words, a multinational company can bring a case against a state if the legal regulations of that state prove to be harmful to the business interests of that particular company. Such regulations may include the ban on the production of GMO, i.e. genetically modified organisms, which is currently in force in Hungary, or even Romania could potentially be sued by the corporation that is no longer allowed to use the cyanide process in the gold mines of Verespatak.

 

"The enforcement of American multinational interests is quite obvious as the United States never ratifies the international treaties that are against the interests of multinational companies." voiced the deputy head of the Parliamentary group. Just like it happened in the cases of the Kyoto Protocol, the Stockholm Convention and the Basel Accord as well. He added that the talks were going on behind closed doors, which is in opposition with EU requirements as well as democracy in general.

Would it curb the sovereignty of states?

"It is quite clear that signing the free trade agreement would have a major and decisive impact on our national sovereignty." stated Márton Gyöngyösi, adding that the Ukraine crisis has revealed the EU's inability to enforce its interests even in its own sphere, so the agreement with the United States would subjugate all EU member states to American interests.

 

Jobbik MEP Zoltán Balczó stated that US bio- and farming technology firms are apparently exercising significant pressure to soften European food safety regulations. He specifically mentioned GMO's potential further market penetration in Europe.

 

In his view, even though the Hungarian Constitution and the EU guidelines both prohibit it, they are nothing but "illusions" which do not provide a safeguard against genetically modified plants penetrating our continent, as the European Food Safety Authority's statements could create the grounds for exempting a country from the ban. Zoltán Balczó says that it could bring about a legal situation in which the Hungarian Parliament could not have a say in the agreements or block unwanted GMO import.

 

Referring to the hope that the Hungarian Parliament will make a final decision based on Hungarian interests, he said it was an illusion, too. In his view, the real Hungarian interest is for the European Union never to sign this agreement at all.