The spokesman of the EPP Group in the international trade committee of the European Parliament, Daniel Caspary MEP, today commented on the European Commission’s announcement for a public consultation over investment protection and investor-to-state dispute settlement (ISDS) provisions in TTIP:
“Today’s announcement demonstrates the will of the European Commission to better integrate the public into the TTIP negotiations. The announcement also provides a chance to make clear that many concerns are comprehensible but could be solved within the negotiation process.
Now all interested citizens, NGOs and interest groups are called upon to take part in the consultation, and reflect how to develop and implement agreements on the necessary protection of European investments abroad. This includes, in my perspective, provisions allowing lawmakers to continue taking meaningful decisions on rules, keeping intact ordinary legal procedures, and making more transparent international dispute settlement procedures.
All those interested are therefore called upon to present constructive and fact-based proposals for a transatlantic trade agreement that can create thousands of new jobs in Europe”.