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The Negotiations On "Inter The Atlantic Trade And Investment Partnership Agreement" For "Three Months' Truce" Were Resumed Ahead Of Schedule.

2014/3/14 12:49:00 56

Cross The Atlantic Trade And Investment Partnership AgreementInvestmentGovernment Clause

< p > > as the fourth round of negotiations on "a href=" //www.sjfzxm.com/news/index_cj.asp "> TTIP < /a >, the US and Europe have placed their negotiating place in Brussels, the headquarters of EU, which will continue until March 14th.

According to the U. S. Embassy in the EU, the round has a total of 100 negotiators from the United States and their counterparts from the European Union.

< /p >


< p > for the new round of negotiations, the EU has made it clear that the US and Europe are ready to enter the core area of negotiations.

The US side said that the two sides will discuss how to ensure that manufacturers, farmers, farmers and service providers have more opportunities to enter the other market.

In addition, the EU Trade Commissioner hinted that the US and Europe would not discuss shale gas cooperation, but would only discuss the EU's import of energy from the United States.

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< p > < strong > ladder of investment firewall > /strong > /p >


< p > although the new round of negotiations is resumed, it still can not solve or bypass the dispute that caused the suspension of negotiations. Is it necessary to establish clearly the investment dispute settlement mechanism in the TTIP clause.

< /p >


< p > some social organizations have begun to make joint noises. They are worried that foreign enterprises will use the investment dispute settlement mechanism to put pressure on their own governments, making some laws and regulations against foreign investment nominal.

< /p >


"P" and the US side are eager to finish the "world's largest" free-trade agreement by the end of this year. The controversy in the EU has made it hesitate to take steps.

< /p >


< p > the focus of controversy is the settlement of investment disputes, which refers to the "investor state dispute settlement" (ISDS) mechanism, which is a common investment protection measure in bilateral investment agreements.

It allows foreign investors (companies) to initiate arbitration claims in the countries where they invest, in accordance with the provisions of investment agreements.

< /p >


< p > however, this mechanism which allows the company to prosecute the state has always been controversial because it may lead to the contradiction between the arbitration result and the law of the host country.

For example, the US tobacco giant Philip Morris (Philip Morris) once took ISDS as the legal basis, and sued the Australian government for carrying out the paperless brand cigarette packaging plan on the grounds of damaging brand influence and competitiveness.

< /p >


< p > > therefore, the EU's "a href=" //www.sjfzxm.com/news/index_cj.asp "environmentalist" /a "worries that if TTIP explicitly establishes ISDS, it will allow large US oil companies to challenge French anti fracturing laws (prohibit the use of hydraulic fracturing technology for shale gas) and other environmental regulations, while consumer groups are worried that this may break the EU's ban on GM in the US agricultural market.

< /p >


There are 10 EU NGOs issuing a joint statement recently. P is worried that when the investment dispute settlement mechanism is in existence, once the EU Member States introduce the new environment or labor protection law, pnational corporations or investors can violate the interests and prosecute the EU Member States arbitrarily, which will greatly affect the business prospects of the EU.

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"P > these worries in the crowd have led EU trade representative Teguh Hurt to suspend negotiations in late January.

The EU said it hoped to fully listen to public opinion on the terms of the dispute settlement mechanism involving investment in enterprises, and try to fill loopholes in the law.

< /p >


< p > < strong > trade < a href= > //www.sjfzxm.com/news/index_cj.asp > liberal > /a > advocating "abandoned son" < /strong > /p >


It is surprising that the "suspension" is less than a month. The US trade representative, Teguh Hurt, met with P in Washington. The two sides held a closed door consultation for 2 days to prepare for the fourth round of negotiations.

This undoubtedly stirred up the mood of the opposition again.

< /p >


In the increasingly fierce opposition, a large number of TTIP supporters also began to throw out such a simple question: can discarding one of the most controversial clauses make the Atlantic's trade better in the future? < /p > p


Daniel Ikenson, the conservative director of trade at Cato Institute, said in a paper published last week that investment protection measures have become "too toxic". P

In order to quell the growing opposition, TTIP negotiations should simply discard this seemingly unnecessary rule.

< /p >


< p > "ISDS is not so critical for trade freedom.

Why do we need to bear the burden of unnecessary baggage? "He wrote in the article, calling on the United States to abandon the establishment of ISDS to rapidly promote the 12 Pacific Rim trading and the TTIP between the US and Europe.

< /p >


People with similar ideas are not only p.

In the recent debate in the British Parliament, many members also raised their doubts about the establishment of ISDS in TTIP: why do these courts (i.e. ISDS) need to be executed between different states of law? < /p >


< p > however, both EU and us still hope to write clear regulations on investment protection mechanism in TTIP.

The same is true of large corporate groups.

Markus Beyler, director general of the European Association of enterprise organizations, believes that investment plays a strategic role in the economic relations between Europe and the United States. Therefore, it strongly calls for the investor dispute settlement mechanism of the host country to be incorporated into the TTIP.

< /p >

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