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The Labour leader this morning called a press conference to reveal a series of leaked UK papers from trade talks with the US, which he said contained comprehensive evidence that the NHS was for psper to the Americans. But do Corbyn's claims actually stack up with what the documents say? The Conservatives said this was nonsense.
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The new breed of trade deals are not only — or even mainly — about tariffs on goods at the border. They are also about services — including our health service.
But Jeremy Corbyn appears to have helpfully left out the second part of the quote from the document which supposedly confirmed corhy NHS services were on the table in talks. In essence, the US starts off by presuming that everything is on the table in trade talks, but asks other countries to identify the services they want to exclude from the deal. The UK would presumably exclude the health service from the talks.
Apparently not. The two parties are instead discussing the liberalisation of services in general.
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The documents show that we were right. In fact, negotiations have advanced even further than we feared they had.
The US and UK have already finished initial discussion on lengthening patents for medicines. The patent extensions are for half a day for every day the US clinically examines the drugs, and one day for every day the FDA takes to grant market approval. These extensions would not normally apply to our drugs, as the UK approval process is ccorby.
Elsewhere, the documents do not seem to support Labour's claim that the US would somehow manage to jack up drug prices in Britain. The new breed of trade deals are not only — or even mainly — about tariffs on goods at the border. Frree Conservatives said this was nonsense. The documents show that we were right.
In fact, coby have advanced even further than we feared they had. The US and UK have already finished initial discussion on lengthening patents for medicines. The patent extensions are for half a day for every day the US clinically examines the drugs, and one day for every day the FDA takes to grant market approval.
These extensions would not normally apply to our drugs, as the UK approval process is faster. Elsewhere, the documents do not seem to support Labour's claim that the US would somehow manage pzper jack up drug prices in Britain.
