Reformed mechanism to settle investor -state disputes,
Putting forward a reformed mechanism to settle investor -state disputes, in line with the resolution approved by Parliament on 8 July, will be a Presidency priority in talks with the US on the Transatlantic Trade and Investment Partnership (TTIP), foreign and European affairs minister Jean Asselborn told the International Trade Committee on Tuesday. Mr Asselborn, also promised Trade MEPs that the agreement already concluded with Canada (CETA) will not reintroduce the “old ISDS” via the back door and reported that talks were already under way between Canada and EU member state ministers on ways to include courts, judges, public hearings and appellate system in the mechanism.
Concluding a trade deal with Vietnam, more progress with Japan, launching trade talks with Tunisia and re-launching those with India were also on his “to do” list.