The European parliament gives thumbs up “at halftime” of free trade negotiations with the United States – albeit with demands for reform of dispute resolution.
With 436 votes against 241 parliamentarians said yes to a resolution on Wednesday, shortly after they finished their lively debate on the situation in Greece. The text provides, inter alia, that the EU should work for a reformed system for resolving disputes between states and companies.
The resolution is certainly not binding but is seen as heavily guide the EU Commission’s continuing work to get to establish what is called TTIP – the great free trade agreement with the United States.
– This is in my eyes one of the best resolutions the European Parliament has achieved in recent years, flaunted President Martin Schulz, at a press conference afterwards.
Schulz himself had harsh criticism in June when he at the last moment shot up both the debate and the vote on the resolution because of considerable disagreement in their own party group, the Socialist S & amp; D, if dispute resolution system ISDS.
The system has been criticized from the left, accompanied by heavy sighs from the right.
– This is like Don Quixote fighting windmills. This is not about curtailing democracy. It involves also states shall respect the fundamental principles of law, arguing Swedish MEP Christofer Fjellner (M) when the resolution was debated on Tuesday.
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