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November TTIP update: Labour MEPs welcome Commission's TTIP transparency

Category: News-General.
Posted: Friday 28 Nov 2014

Through my newsletter I have been keeping readers updated with the Transatlantic Trade and Investment Partnership (TTIP). Following on from my report to you on TTIP last month (which you can still read here) on 25 November, Labour MEPs  welcomed trade commissioner Cecilia Malmström's announcement the European Commission will be more transparent on the Transatlantic Trade and Investment Partnership (TTIP) negotiations.

The increased transparency includes the publication of more EU negotiating texts, providing access to TTIP texts to all MEPs, and classifying fewer TTIP negotiating documents. The move gives trade unions, civil society and consumer organisations the chance to have meaningful input into the negotiating process of the EU-US trade deal.

This is an important step forward, enabling proper democratic control of the talks by the European Parliament and increasing the credibility of the negotiations. The more we share, the more we can debate the content of the agreement.

It is great that the Commission is willing to be transparent about what it has already done - we now need to see transparency and public engagement around its future intentions, especially on Investor-State Dispute Settlement (ISDS).

Labour MEPs have been calling for more transparency in trade negotiations for years - there will only be a good, balanced deal if all sides are transparent about their positions.

This greater transparency does not, however, mean our public services will be entirely safe, nor does it mean ISDS will not be in there. We will continue working hard to ensure public services including the NHS, social services and education are excluded from trade agreements.

It is important that readers are aware that TTIP is still in the very early stages and is yet to be written and has the potential to create jobs, lower the cost of everyday household items and open thousands of new opportunities for business in the UK. That’s what we know a trade deal with the US could do. And that’s why Labour is prepared to give negotiations a chance. However, we also know that trade talks can go badly wrong for consumers and workers, and that’s why we are actively involved to ensure that our concerns are addressed at this stage before any text is drafted. You can read Labour's European spokesperson on TTIP Jude Kirton-Darling MEP's full article on this here.


Posted by: Admin on Friday 28 Nov 2014

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