Parliament’s TTIP vote in limbo
Next week’s vote on the Transatlantic Trade and Investment
Partnership (TTIP) is in question, after the Socialists and Democrats
backed down from a deal with the European People’s Party.
At their meeting in Brussels on Thursday (3 June) the S&D group
in the European Parliament reasserted their initial position, adopted
last March, to exclude an arbitration clause from the deal.
Last week (28 May), after a fierce horse-trading between political
parties that went into late into the night, the European Parliament’s
Committee on International Trade adopted a non-binding resolution that
gave the go-ahead to the European Commission on the EU-US trade
agreement, conceding that a controversial Investor-State Dispute
Settlement, albeit reformed, would remain part of the deal.
>> Read: MEPs give passing vote to TTIP
