The European Parliament must vote through the Transatlantic
Trade and Investment Partnership (TTIP) with the Commission's
watered down investor-state dispute settlement (ISDS)
The fact that a rarely-used, yet standard dispute settlement
provision has managed to derail negotiations on a deal that
could inject €120 billion ($133 billion) into Europe's
ailing economy suggests the ISDS has taken on a life of its
own. And unfortunately, there seems to be more heat than light
on the issue.
MEPs that are objecting to ISDS on the grounds that it
provides investors with too much power are holding the TTIP to
ransom. They need a reality check.
First, the US simply isn't...