New Transatlantic Trade Agreement

In response to the criticism, the European Commission published negotiating documents months after its revelations by Greenpeace, including all EU proposals in the regulatory and regulatory components of the agreement. [64] [76] [77] The Trade Commissioner described the negotiations as „the most transparent trade negotiations ever conducted by the EU“. [78] Critics of TTIP argue that „ISDS rules undermine the power of national governments to act in the interests of their citizens“[14] that „TTIP could even undermine the democratic authority of local government“[17] and threaten democracy. [86] France and Germany have stated that they want to remove TTIP`s access to investor-state dispute settlement. [87] In December 2013, a coalition of more than 200 environmentalists, trade unions and consumer associations on both sides of the Atlantic sent a letter to the USTR and the European Commission calling for the settlement of investor-state disputes to be withdrawn from trade negotiations, saying ISDS was „a one-way street by which companies can challenge government policy , but does not grant comparable rights to governments or individuals to hold companies to account.“ [88] [89] Some point to the „potential for abuse“ that may be inherent in the trade agreement because of its investor protection clauses. [90] [91] A recent study shows that there is indeed remarkably strong and consistent opposition to the trade agreement in investor-state dispute settlement (ISDR), and that this dispute settlement effect is characterized by characteristic cuts to key attributes of the individual, including qualification levels, information and national mood, which have been considered key factors in the business attitude. [92] It is questionable, however, whether these objectives should be the objectives of a 21st century trade agreement. Through a critical analysis of the socio-economic and environmental impact of TTIP, this report hopes to contribute to an urgent public debate on the nature and objectives of trade and international trade rules. While the Commission has published a list of lobbying meetings on future trade negotiations in response to the European Observatory`s access to information, it has totally refused to give access to some of its correspondence with lobbyists (arguing that it would be too much work).