The next INTA meeting will take place on Thursday, 28 May 2015 in Brussels from 9.00 to 12.30, (Room PHS 3C050)
Please find highlights and documents of this meeting below.
The meeting will be web-streamed (apart from the "in-camera" part) and can be followed live on-line on 28 May 2015 beginning at 10.30.
Commissioner Malmström discussed with INTA Members the way forward to resolve in the best manner disputes by foreign investors in the context of TTIP, known as Investor State Dispute Settlement (ISDS).
Some MEPs are in favour of reforming the current international arbitration mechanism by introducing a series of improvements such as greater transparency, appeals and a code of conduct for arbitrators. Other MEPs have concerns that the awards granted by such tribunals can have a deterrent effect on regulators and are therefore against such a mechanism and some are see a permanent investment court staffed by permanent judges as the solution.
Under the point on "Structured Dialogue between the European Parliament and the Commission", the Trade Commissioner also discussed with INTA Members initiatives put forward by the Commission in it's work programme to be launched in 2016.
A lively debate on the proposal for “reformed system” to resolve disputes between foreign investors and states in the Transatlantic Trade and investment partnership (TTIP) deal, currently being negotiated between the EU and the United states, took place between Trade Committee MEPs and EU Trade Commissioner Malmström on Wednesday afternoon. (Read more)
Welcome to the website of the Committee on International Trade (INTA).
You will find the agendas and working documents of the Committee here, as well as additional information such as INTA newsletters, details on on-going reports and hearings.
Since the implementation of the Lisbon Treaty, the EP has a decisive role to play in the definition of the Union's trade policy and acts as its democratic conscience. This is of particular importance since trade legislation and international trade agreements can only be implemented with the agreement of the EP.
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