TTIP talks: Transparency call for EU-US trade disputes

Investor-state disputes must be settled publicly and transparently, the parliament’s new recommendations say.
The recommendations were redrafted after MEPs put forward more than 100 amendments. Fierce arguments continue over the trade deal, known as TTIP.
MEPs will vote on TTIP on Wednesday. A final deal could be reached next year.
The TTIP – which stands for Transatlantic Trade and Investment Partnership – is being negotiated by the European Commission – the EU’s top regulator – but parliamentary approval will be required to make the deal law.
The Commission estimates that by 2027 it could boost the size of the EU economy by €120bn (£85bn; $132bn) – equal to 0.5% of GDP.
The EU Trade Commissioner, Cecilia Malmstroem, voiced support for the parliament’s recommendations, calling the document “a vital basis for that negotiation”.

 

Read More: TTIP talks: Transparency call for EU-US trade disputes – BBC News