Latest from Brussels

Commission proposes replacing ISDS with more of the same

UPDATED 17/09/2015 at 12.42 CET (with US Chamber of Commerce information in final paragraph) Critics have rounded on yet another fudge by the EU Commission  on the highly controversial ISDS  – Investor State Dispute Settlement – element of TTIP – the Transatlantic Trade and Investment Partnership. Today at midday, the Commission announced “a new Investment Court System which would replace the ISDS mechanism in all on-going and future EU investment negotiations.” It “has approved its proposal for a new and transparent system for resolving disputes between investors and states – the Investment Court System. This new system would replace the existing investor-to-state dispute settlement (ISDS) mechanism in all ongoing and future EU investment negotiations, including the EU-US talks on a Transatlantic Trade and Investment Partnership (TTIP).” The Commission’s First Vice-President Frans Timmermans said  “With our proposals for a new Investment Court System, we are breaking new ground. The new Investment Court System will be composed of fully qualified judges, proceedings will be transparent, and cases will be decided on the basis of clear rules. With this new […]

Latest from Brussels

Milk crisis: 3 Reasons why the Commission are at Fault

ARC2020 exclusive: Part one two by André Pfimlin, translated from French by ARC2020’s Samuel Feret and Peter Crosskey. In part one, Andre outlines the milk crisis: part two, to be released tomorrow morning, suggests solutions. #MilkCrisis   “Since the long term market perspectives are good for animal products and since Europe has significant potential for growing milk production, we should produce more and export more”, said European Agriculture Commissioner Phil Hogan. “We must accelerate the modernisation and consolidation of livestock farmholdings to make them more productive and more competitive”, a Copa-Cogeca vice-president said recently (1). In 2015, just like 2009, at the height of yet another milk crisis the line is the same out of Brussels, be it from the European Commission or Copa-Cogeca. For our policymakers, dreaming of unlimited export trade for decades to come, the short-term volatility of world prices takes a back seat. It is down to the livestock farmers to anticipate market volatility and either build up reserves when prices are high or take out private insurance policies. So there will be […]