Open and honest look at the EU’s trade practices needed
EU trade commissioner Malmström today published a package of proposals on trade and investment policy.
The Commission also published draft mandates for trade negotiations with Australia and New Zealand, and announced it would release its mandate from the European Council for the negotiations of the EU Japan trade deal (JEFTA). Greenpeace had previously made a leaked version of the JEFTA mandate public on 23 June.
Greenpeace trade campaigner Kees Kodde said: “The proposals for an updated approach to trade and investment are no substitute for an open and honest look at the EU’s trade practices. The plan for a multilateral investment court is in fact a proposal for a global system that will lock in special rights for investors. We demand that the EU focuses its trade policy on the interests of people and the planet, not the investment interests of big business.”
Source: Greenpeace European Unit
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