Following Wednesday’s approval by the European Parliament of a resolution on the negotiations of the Transatlantic Trade and Investment Partnership (TTIP), EU Trade Commissioner Cecilia Malmström said that the vote “establishes a strong and forward-looking political platform” as the negotiating process continues. In a statement issued following the vote, Commissioner Malmström added: “It’s clear from today’s vote that only an ambitious, comprehensive and balanced agreement which demonstrably delivers jobs and growth in Europe will obtain democratic backing. That is what I am seeking with our US partners. What today’s vote also signals is that the old system of investor-state dispute settlement should not and cannot be reproduced in TTIP – Parliament’s call today for a ‘new system’ must be heard, and it will be”. The online version of the statement can be found here. The 10th round of the TTIP negotiations will take place next week in Brussels.
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