Arab Today, arab today eu proposes special dispute court for us trade deal
Last Updated : GMT 01:17:20
Arab Today, arab today
Arab Today, arab today

EU proposes special dispute court for US trade deal

Arab Today, arab today

Arab Today, arab today EU proposes special dispute court for US trade deal

US trade deal
Brussels - AFP

The European Union on Wednesday proposed a special court to resolve any disputes arising from a planned huge trade deal with the United States, instead of the widely criticised private tribunals that Washington wants.

EU Trade Commissioner Cecilia Malmstroem said there was huge public scepticism about the previous dispute resolution plans, the most controversial element of the massive TTIP (Transatlantic Trade and Investment Partnership) deal with the United States.

"There is a fundamental lack of public trust in the old model," Sweden's Malmstroem told a press conference in Brussels.

"What we are we are proposing for the TTIP is a court-like system."

Talks on the pact between the US and 28-nation EU -- which would be the world's biggest trade deal if completed -- began in 2013 and the two sides aim to conclude them by 2016.

But they have been dogged by disagreements, particularly over Washington's insistence that as part of the pact, private companies be allowed to sue governments before special tribunals.

The system -- known as ISDS, or the investor-state dispute settlement -- forms part of other trade deals and is supposed to protect investors who feel that local laws such as health and safety regulations violate the trade deal and threaten their investments.

But campaigners say that would allow commercial interests to force governments to change state regulation, undercutting democratic oversight.
The EU carried out a major survey last year which found widespread public scepticism about the pact, and ISDS in particular.

Malmstroem said the dispute court mechanism would use judges, not professional arbitrators, who would be publicly appointed by the EU and US, and also proposed setting up an appeal court.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu proposes special dispute court for us trade deal Arab Today, arab today eu proposes special dispute court for us trade deal

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday