Dangerous backing given to Investment to State Dispute Settlement system

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http://www.guengl.eu/news/article/gue-ngl-news/dangerous-backing-given-to-investment-to-state-dispute-settlement-system

The GUE/NGL asked to suspend this vote and to send this report back to Parliament’s International Trade committee. “Given the fact that the European Commission just recently launched a public consultation on this controversial mechanism, it is crucial that we first see its results before taking such decisions on this issue. We also want the Commission to present to Parliament an evaluation of the possible cost of the application of this mechanism for the EU budget, and European taxpayers”  said Scholz.

GUE/NGL deplores that the majority of the Parliament, including the centre-left Socialists and Democrats group, decided to support this report on ISDS, without waiting for the results of a citizens consultation and despite this budgetary uncertainty.

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