TTIP

The Transatlantic Trade and Investment Partnership (TTIP) is a proposed trade deal currently being negotiated between the European Union and the United States.

The mandate to the European Commission states that “the Agreement will include an appropriate dispute settlement mechanism”.

The investor-state dispute settlement (ISDS) mechanism in TTIP has drawn fierce criticism from civil society groups from both sides of the Atlantic. They claimed in December 2013, in a letter to the European Commission and the Office of the United States Trade Representative that ISDS was “a one-way street by which corporations can challenge government policies, but neither governments nor individuals are granted any comparable rights to hold corporations accountable”.

In 2014, the European Commission launched a public consultation about the inclusion of ISDS in TTIP. The result was very clear: 97% of the 150,000 participants said no to ISDS.

The European Commission put forward in 2015 a proposal for an alternative mechanism, named investment court system, a move it said would make ISDS more transparent and allow states to appeal against multinationals’ challenges. But groups portrayed the suggested changes as putting “lipstick on a pig”, as they are merely cosmetic changes, and would still allow corporations to sue governments in parallel court settings.

(November 2015)

Inside Story | 13-Jan-2014
Australia’s clash with Philip Morris over plain packaging has disrupted trade talks between the United States and Europe, reports James Panichi in Brussels
Tlaxcala | 27-Dec-2013
Over 100 civil society groups and social movements from Europe and the USA have signed on an open letter that was sent to the chief negotiators of the Transatlantic Trade and Investment Partnership to voice one joint demand: to exclude any Investor-state Dispute Settlement mechanism from the TTIP
TV5Monde | 16-Dec-2013
Le modèle économique et juridique qui s’annonce avec l’accord de libre échange entre l’Union européenne et les Etats-Unis pourrait-il mettre en cause la souveraineté des Etats ?
Computerworld | 11-Oct-2013
Glyn Moody addresses the EU’s latest document "Incorrect claims about investor-state dispute settlement"
A transatlantic corporate bill of rights | 12-Jun-2013
Leaked draft versions of the EU negotiating mandate for a far-reaching free trade agreement with the US reveal the European Commission’s plans to enshrine more powers for corporations in the deal. The proposal follows a persistent campaign by industry lobby groups and law firms to empower large companies to challenge regulations both at home and abroad if they affect their profits.

0 | ... | 200 | 210 | 220 | 230 | 240 | 250 | 260 | 270 | 280 | 290