When the free trade agreement TTIP with the US, the EU Commission will reconsider controversial safeguards for investors. The resistance to such rules is large, as can be seen from a public survey by the European Commission on the subject.
The Brussels office made the announcement on Tuesday. You will now be discussed with the European Parliament, the EU states and associations about it. The negotiations with the US over this disputed point lying on the ice. When they resume is unclear.
EU Commission received 150,000 responses
When investment protection (ISDS), it’s about how foreign investors against nationalization and other “unfair” treatment host country can be preserved. TTIP Opponents warn particularly against the possibility that national law and policy can be bypassed via special tribunals.
Also in the public consultation such concerns were addressed. Nearly 150 000. feedback, the EU Commission has received. In it cast down the mobilization of many citizens by TTIP skeptical organizations. Approximately 97 percent of the contributions, the EU Commission reached claims to have online platforms where negative answers were pre-formulated
Stop TTIP. “Discontinue negotiations immediately”
“goes from the consultation clear that over the instrument of ISDS extreme skepticism prevails, “EU Trade Commissioner Cecilia Malmström said. In the EU now to be discussed, inter alia, on the exact application areas of investor protection, and rules for arbitration. Also, the ratio of national judicial and arbitral tribunals and possibilities for appeal against whose decisions are discussion points
The Alliance Stop TTIP is already safe. “This arbitration are not welcome a threat to democracy and Europe. . The EU Commission has its own process seriously and stop negotiations immediately “
Federal Economics Minister Sigmar Gabriel (SPD) welcomed the inquiry as a step towards greater openness and citizen participation:” The public needs to be in a process of building trust be convinced of the chances of TTIP “
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