On 12 June 2014, the Commission presented a proposal for a Regulation of the European Parliament and of the Council codifying Council Regulation (EC) No 673/2005 of 25 April 2005 establishing additional customs duties on imports of certain products originating in the United States of America.
The main goal of the opinion is to provide a good and qualitative source of information and opinion in the beginning of TTIP negotiations process.
The own-initiative opinion will focus on the impact of the TTIP on SMEs and reflect on the provisions that would need to be included in the TTIP in order to take account of the specific character of SMEs in the negotiations and implementation of an eventual EU-US agreement. The opinion will also look at how to increase the awareness of SMEs as to existing support services and programmes, and particularly about the new business opportunities that may arise with this agreement.
Since the entry into force of the Lisbon Treaty, the investment policy is an exclusive competence of the European Union. The EU is aiming to include therefore in the new trade and investment agreements provisions on investor protection and investor to state dispute settlement (ISDS) which will replace existing Bilateral Investment Agreements (BIT) signed by Member States and will grant the same level of protection to all EU investors.
The EESC has played an important role in strengthening an informed civil society debate on the Transatlantic Trade and Investment Partnership (TTIP) through a number of TTIP-related opinions, adopted in 2014 and 2015, covering issues such as labour rights, investment protection, impact on SMEs, among others.
It is important under the present circumstances that the EESC, in order to maintain its position as a key civil society player in the TTIP debate, react to the textual proposals for TTIP negotiations on essential topics such as the sustainable development chapter, regulatory cooperation, investment and services. This will have the advantage not only of setting up the EESC position on major negotiating chapters but also of presenting concrete recommendations and pointing out the need to involve civil society in the implementation of those chapters.
With discussions for TTIP now at a critical point, the EESC has published a new opinion, ‘The position of the EESC on specific key issues of the TTIP negotiations’. The own-initiative opinion assesses some key issues of the negotiations and identifies the main considerations for European civil society. This new ...
The role of trade as a generator of growth and jobs is undeniable, but public perception of the further liberalisation of trade is getting worse and citizens' concerns must be addressed far more effectively than before. This was one of the conclusions of the conference on "Strengthening European Growth and Competitiveness: Proactive Trade Agenda – NOW!" that took place in Helsinki on 26 October.
The role of trade as a generator of growth and jobs is undeniable, but public perception of the further liberalisation of trade is getting worse and citizens' concerns must be addressed far more effectively than before. This was one of the conclusions of the conference on "Strengthening European Growth and Competitiveness: Proactive Trade Agenda – NOW!" that took place in Helsinki on 26 October. Jacek Krawczyk, President of the EESC Employers' Group, added:
It is our responsibility to advocate for trade; we cannot take it for granted that people understand what the benefits ...
In view of the ongoing TTIP negotiations, the EESC is organising a seminar, whose main purpose will be to be to assess the need for an energy chapter in the TTIP, in particular after the lifting of the US restrictions on crude oil exports and the impact that such a chapter might have on trade of energy goods and services, and on environmental and energy policies both in the EU and the US. Main topics: a) the impact of TTIP on the EU energy market and security of energy supplies; b) the possibility to foster a more transparent, predictable, open and non-discriminatory framework for traders and investors in energy and raw materials, by improving transparency and competition in the energy sector; c) an energy chapter in TTIP as a model to shape energy relations with other countries; d) the impact on trade in environmental goods, renewable energy and energy efficiency, aiming at contributing to the achievement of SDGs and climate change targets.