#ISDS in #TTIP public consultations: stats and the next steps here: http://t.co/uNGGz4t8Li

— EU TTIP Team (@EU_TTIP_team) July 23, 2014

The consultation was built around twelve issues, including the scope of the investment protection provisions, transparency in ISDS, multiple claims and relationship to domestic courts, ensuring consistency of rulings and the appeal mechanism,  and reducing the risk of frivolous cases.

Unions, environmental groups and MEPs, including Bernd Lange, the German Socialist Chairman of the European Parliament’s trade committee, have called for ISDS to be dropped from TTIP.  Former Spitzenkandidat Ska Keller has called for the talks to be dropped altogether (here).

They argue that ISDS could be used by multinational corporations to bypass national courts and whittle away EU standards and regulations across a range of policies from the environment to food safety to social protection. The talks have also been dogged by accusations of a lack of transparency.


Negotiations between the US and the EU on the Transatlantic Trade and Investment Partnership (TTIP) started in July 2013.

Since then, a new European Parliament has been formed which is markedly more Eurosceptic than the previous one and more likely to oppose free trade.

If successful, TTIP would cover more than 40% of global GDP and account for large shares of world trade and foreign direct investment. The EU-US trade relationship is already the biggest in the world. Traded goods and services are worth €2 billion.

TTIP would be the biggest bilateral trade deal ever negotiated, resulting in millions of euros of savings for companies and creating hundreds of thousands of jobs. It is claimed that average European households would gain an extra €545 annually, and that Europe’s economy would be boosted by around 0.5% of GDP, if such a deal was fully implemented.

Brussels and Washington have set the ambitious goal of completing negotiations by the end of 2014.