Latest from Brussels

Commission proposes replacing ISDS with more of the same

UPDATED 17/09/2015 at 12.42 CET (with US Chamber of Commerce information in final paragraph) Critics have rounded on yet another fudge by the EU Commission  on the highly controversial ISDS  – Investor State Dispute Settlement – element of TTIP – the Transatlantic Trade and Investment Partnership. Today at midday, the Commission announced “a new Investment Court System which would replace the ISDS mechanism in all on-going and future EU investment negotiations.” It “has approved its proposal for a new and transparent system for resolving disputes between investors and states – the Investment Court System. This new system would replace the existing investor-to-state dispute settlement (ISDS) mechanism in all ongoing and future EU investment negotiations, including the EU-US talks on a Transatlantic Trade and Investment Partnership (TTIP).” The Commission’s First Vice-President Frans Timmermans said  “With our proposals for a new Investment Court System, we are breaking new ground. The new Investment Court System will be composed of fully qualified judges, proceedings will be transparent, and cases will be decided on the basis of clear rules. With this new […]

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ttip: EP vote postponed – US Congress rejects fast track

BREAKING (12/06/2015, 20.30 hrs): House Rejects Trade Bill, Rebuffing Obama’s Dramatic Appeal First comment from IATP: Following months of intense public opposition to Fast Track, the House of Representatives today defied the Obama administration’s trade promotion package. The debate over Fast Track blurred party lines. “It took real courage for those Democrats and Republicans who stood up to the President and Republican leadership and opposed the free trade package. They defended working families, farmers, natural resources, the environment and most importantly, democratic principles,” says Juliette Majot, President of the Institute for Agriculture and Trade Policy (IATP). “This is a clear rejection of the free trade agenda that favors big business over workers, farmers, consumers, and our environment. It’s time to bury this failed approach. I just hope the administration is really listening to what was said today, and what citizens groups around the world have been saying for years. We need very different rules that enhance local economies and jobs and advance efforts to rebuild our food system so it is fair and sustainable,” according […]

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Join more than 14.000 citizens who have said no to special privileges for investors! It ́s less than a week to the July 7 deadline for submissions to European Commission consultation on the Investor-State dispute settlement as part of the EU-US trade deal. The consultation has been heavily criticised for being an empty process, not giving any real voice to civil society. Now is your chance to react. The Investor-State dispute settlement would allow companies to challenge democratically agreed decisions on food safety, environment, public health and consumer protection. FoEE, AK Europa and ÖGB Europa have launched an online tool that allows individuals to take part in the consultation in order to express their opposition to investor-state dispute settlement in its entirety in a few clicks. This is an opportunity to send a clear message to the European Commission that giving privileges to private investors at the expense of people and societies as a whole will not be tolerated. The tool is in English, French, German, Hungarian and Spanish and can be accessed at: […]