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TTIP: risks and opportunities - The Transatlantic Trade and Investment Partnership

External/international trade 08-07-2015 - 19:07 / Updated: 20-09-2016 - 16:55
 
 

Negotiations between the EU and the US on a Transatlantic Trade and Investment Partnership (TTIP) could lead to the world's largest free-trade area. Although this could help to boost economic growth and create jobs on both sides of the Atlantic, there are concerns about the consequences the deal could have. This is why the European Parliament is following the talks very closely to ensure the agreement's benefits do not come at an unacceptable cost. (Read more: TTIP: an opportunity for all?)

An EU-US trade deal must open up US market access for EU firms, but must not undermine EU standards, say MEPs in recommendations, voted Wednesday, to EU trade negotiators. To settle trade-related investor-state disputes, a new justice system, run by publicly-appointed judges and subject to scrutiny and transparency rules, should replace private arbitration under the Investor-State Dispute Settlement (ISDS) system, they add. (Read more: TTIP: ease access to US market, protect EU standards, reform dispute settlement )

How to resolve disputes between foreign investors and states remains a thorny issue in the Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated by the European Commission and the US. One of the mechanisms for arbitrating these disputes is known as Investor-State Dispute Settlement (ISDS), but what does it really mean and what is the concept behind it? Read on to find out the differences between ISDS and the other options available to protect investors. (Read more: TTIP: what exactly is the ISDS mechanism for resolving investor disputes?)

An EU-US trade deal should deepen EU access to the US market, but must not undermine EU standards or the right to regulate in the public interest, say Trade Committee MEPs in draft recommendations voted on Thursday. Tools for resolving disputes between investors and states should be reformed and improved, they add. (Read more: TTIP: more US market access, reform investment protection, retain EU standards)

The negotiations on a free-trade deal with the US continue to attract attention, especially a clause detailing how to resolve disputes between foreign investors and countries. The international trade committee organised a meeting on 6 May to discuss the issue with Cecilia Malmström, the commissioner responsible for foreign trade. To find out what they discussed, read our summary on Storify. (Read more: TTIP: what is the best way to arbitrate disputes between investors and governments?)

The European Parliament is working on its position on the EU-US trade deal known as the Transatlantic Trade and Investment Partnership (TTIP). The international trade committee is responsible for drafting the Parliament's recommendations; however 13 other EP committees have contributed with their opinions. MEPs are due to debate and vote on the EP's position before summer. (Read more: EU-US trade deal: 14 EP committees have their say)

Parliament is finalising its recommendations on the Transatlantic Trade and Investment Partnership (TTIP). They will be debated by MEPs on Tuesday and voted on Wednesday. The vote on the EP recommendations was postponed in June due to the large number of amendments. Now it seems a compromise could be possible. We talked to German S&D member Bernd Lange, chair of the international trade committee and responsible for drafting the Parliament's recommendations, to find out more. (Read more: Bernd Lange on TTIP: "We have to be transparent")

The debate and vote on Parliament's recommendations on the ongoing Transatlantic Trade and Investment Partnership (TTIP) negotiations were postponed because of the high number of amendments tabled. What does this mean and what happens next? (Read more: EP vote and debate on TTIP recommendations postponed: what’s next?)

The Parliament is updating its position on the Transatlantic Trade and Investment Partnership (TTIP), outlining what issues are important to MEPs. The international trade committee, which is the committee in charge, will on Thursday decide on a draft report, providing guidelines to the current negotiations. MEPs will then vote on it during the June plenary. The European Commission conducts the talks on behalf of the EU, but do you know what role the Parliament plays? Read on to find out. (Read more: TTIP: the Parliament takes another look at its position)

In June 2013 the EU and the US launched negotiations on the world’s largest free-trade agreement to date. It was promised that the agreement would lead to faster growth and more jobs but after seven rounds of negotiations many issues remain unresolved. We spoke to German S&D member Bernd Lange, chair of the international trade committee, who is drafting a report which will assess the results of the TTIP talks and express the Parliament's views on the main issues of a potential agreement. (Read more: Bernd Lange on the EU-US trade deal: “a ship in troubled waters”)

EU-US negotiations on the TTIP free trade agreement are continuing. The deal which is expected to create new jobs and boost economies on both sides of the Atlantic touches upon sensitive issues, not least rules for the investor-state dispute settlement (ISDS). On 27 January the international trade and legal affairs committees held a joint public hearing to shed light on the issues at play. (Read more: TTIP: spotlight on the sensitive issues at EP public hearing )

EU citizens must be better informed of the progress of EU-US talks on the proposed Transatlantic Trade and Investment Partnership (TTIP), said MEPs from all political groups debating the issue with EU trade Commissioner Karel De Gucht on Tuesday afternoon. (Read more: MEPs call for more transparency in transatlantic trade talks)

REF. : 20150202TST18313
 
 
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We need absolute transparency in order to be able to communicate with the public and address their fears Bernd Lange Chair of the international trade committee and responsible for drafting the Parliament's recommendations on the TTIP agreement (Read more)
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