The proposed independent court would replace the investor-state dispute settlement clause that has become the main obstacle in negotiating the EU-US Transatlantic Trade and Investment Partnership
Awards of legal costs and ways of improving enforcement are overlooked in a new bill passed in the European Parliament. While SMEs will not be able to afford litigation, large companies will find it easier to keep more information secret
The possibility of a new EU/US free-trade agreement has been welcomed as likely to benefit research and research-intensive companies. However, it will need to overcome significant reservations in the European Parliament