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Fight to defend environment and consumer protection slows EU-US trade talks

The EU trade commissioner Karel de Gucht has ordered a public consultation on a legal clause in the emerging EU-US trade agreement that campaigners say could undermine environmental and consumer protection. The legal provision, known as ‘investor-state dispute settlement’, would give companies the right to take legal action against governments if they feel their investment potential or profits are being hindered by regulatory or policy changes at national level. What’s more, such disputes would be judged by special panels made up of people acceptable to business interests, and bypass national laws.

Published on March 27, 2014 - 13:05