Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-02-03-Speech-3-831-000"
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"en.20160203.35.3-831-000"2
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"Madam President, trade should be about economic benefit, not politics. Yet the EU uses trade to promote a political agenda, and that is exactly what it is trying with the Mauritius Convention. The EU is pressurising all Member States to sign, so that the EU itself can sign and thereby serve its own interest of making ISDS a pillar of EU trade policy. The EU is carrying forward the assumption that ISDS is a legitimate system; it is not. It subverts national laws, and it has been rejected by two committees in this House for the TTIP Conventions negotiations.
It is opposed by sizable numbers of MEPs, and still the Commission wants to make it part of its trade negotiations and has already put it into the draft trade agreement with Canada. We hear the words trotted around by the EU – ‘transparency’ and ‘investment court’– but these are surface changes that do nothing to alter what is an illegitimate and unnecessary system. Trade Commissioner Malmström has stated that trade must support Europe’s wider international goals. So long as they remain in the EU, Member States have to barter their sovereignty for the interests of the EU, in trade policy as in anything else."@en1
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