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Lilly

Parliament postpones EU-U.S. trade vote

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 Lilly    91

TTIP suffers political setback after MEPs table over 200 amendments.

 

[snip] STRASBOURG — The European Parliament has postponed a vote to endorse the EU’s negotiating position on a free trade deal with the United States after divisions within the second-biggest bloc in the assembly laid bare the depth of disquiet in Europe about controversial investor protection clauses.

Parliamentary leaders had hoped to agree on a resolution Wednesday backing the European Commission in the talks — and trumpeted the recent approval of a fragile compromise in its International Trade Committee (INTA) as a sign that negotiations could at last move forward. Although Parliament’s approval is not essential at this stage, it is considered vital for the project’s success.

Instead, strong opposition from many members of the Socialists & Democrats (S&D) group and pressure from non-governmental organizations opposed to the Transatlantic Trade and Investment Partnership (TTIP) made a broader agreement impossible to achieve before Wednesday’s planned vote.

http://www.politico.eu/article/breaking-european-parliament-to-postpone-vote-on-ttip/

 

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