Showing posts with label ISDS. Show all posts
Showing posts with label ISDS. Show all posts

Tuesday 9 June 2015

European Parliament TTIP vote cancelled because of huge public pressure say Green MEPs



In unusual circumstances, the planned vote in the European Parliament on TTIP tomorrow (The Transatlantic Trade and Investment Partnership) – an EU-US trade deal currently being negotiated, has been cancelled.
The official line from the Parliament is that because more than 200 amendments were tabled the vote should be postponed to enable the Trade Committee to consider the amendments before tabling them for a future plenary session.
The controversial deal seeks to remove standards and protections that are currently enshrined in laws across the EU and US. Examples of these regulations include labour rights that protect people at work, environmental regulations and food safety laws.
Included in the agreement is a clause called the Investor State Dispute Settlement (ISDS) which many MEPs have warned would allow corporations to sue Governments in secret courts if a Government passed laws which limited a corporation’s profits or activity. 
More than 2 million EU citizens have signed a petition against the deal.
Keith Taylor, Green MEP for South East England, said:
The decision to cancel the vote on TTIP stinks of political parties in the European Parliament running scared of the huge public opposition to TTIP.
TTIP represents a monumental power grab by corporations and it must be stopped in its tracks.
Molly Scott Cato, Green MEP for South West England said:
This attempt to remove the right of all MEPs to vote on this very important report on TTIP is nothing short of a scandal. Thousands of constituents have emailed me today and I will not be cheated of my right to represent their will to oppose ISDS and the undermining of European protection of environments and animal welfare.

Monday 30 March 2015

TTIP: the threat to local authorities and public services

As the perils of TTIP are still not widely known and only a few organisations. including the Barnet Alliance and the Green Party seem to be ringing the alarm bells, I am reposting this long piece first published on the Barnet Alliance website LINK.


The EU and the US have been negotiating the Transatlantic Trade and Investment Partnership (TTIP) Agreement since July 2013. The consequences of this treaty could have a profound effect on EU member states at regional and local levels.TTIP would affect many sectors which are the responsibilities of local and regional authorities.
 The broad scope and myriad responsibilities of German Federal States, regional governments and local authorities across the EU would have justified involving them in the decision-making process as stakeholders. However, this has not happened. Representatives of regional and local governments as well as the public are puzzling over the content, the scope and the possible consequences of this treaty. It is therefore the aim of this short briefing to shine a light on possible consequences of this treaty for local and regional government. However, as negotiations are still ongoing, and owing to the restricted access to documentation, we can only present a rough estimation as to what TTIP will entail.

TTIP will have a profound effect on many areas under the remit of regional and local authorities and is examined in more detail here under in order to allow for a realistic assessment of risks. The source for this analysis are a series of leaked documents such as the text of the negotiating mandate of the EU Commission and drafts texts of various chapters and appendices.

As TTIP negotiations cover a very broad spectrum of topics, only those which are of relevance to local and regional authorities are considered for this briefing:

They include the planned Investor State Dispute Settlement (ISDS) of arbitration, and issues relating to the status of public services, grants, subsidies and public tendering.

The Effects of TTIP on Local and Regional Governments.

by Thomas Fritz
Translation by Phil Fletcher

Arbitration tribunals: Local authorities and international courts.

When the Lisbon Treaty came into force in 2009, the European Commission was given the exclusive authority over direct foreign investments. This allows it to include into trade agreements far reaching provisions for investor protection, provisions which had already been included in a multitude of bilateral treaties. The mandate to negotiate on TTIP, which the European Council granted the European Commission, also provides for investor protection including ISDS, albeit on condition of an overall “satisfactory” result of the negotiations for the EU.