10 October 2014

Transatlantic Trade and Investment Partnership" - Stakeholder consultation by Rapporteur Mr Markus TÖNS (DE/PES – ECOS)

10/10/2014 | International Cooperation; Growth and Jobs , 10.00 a.m. - 12 noon | Rue Belliard 99-101, B-1040 Brussels

The Committee of the Regions (CoR) is drafting an opinion on Transatlantic Trade and Investment Partnership (TTIP). The transatlantic trade and investment partnership will be one of the most influential trade agreements ever to have been established given that the EU and US are two of the largest trading blocs in the world. The objective of the TTIP is to create growth and jobs in both the EU and the US by removing trade barriers which, in turn, will facilitate the buying and selling of goods and services and promote investment in both economies.
The TTIP is a far reaching agreement which will have wide implications within the EU and will affect all areas of society, business and government. In this regard, it is important to understand how local and regional authorities will be impacted by the provisions in the agreement. Although negotiators have been meeting regularly with civil society, as of yet, CoR has not been consulted as a key stakeholder.
However, there are elements in the treaty which will have a direct impact on local and regional level authorities, such as the investor-state dispute settlements (ISDS) provision and public procurement measures. Moreover, many regions in the EU are dependent on SMEs as the backbone for growth and job creation. It is important for local authorities and regions to be involved as part of the ongoing negotiations so that the costs and benefits may be sufficiently evaluated by decision makers.
In recent years, several cases have been brought under ISDS highlighting some of the flaws of this procedure. This illustrates the potential impact of ISDS on local and regional authorities in the EU and supports the need for this stakeholder group to be included in the dialogue on ISDS.
The TTIP negations started in 2013 and before and at the end of each negotiating round a dialogue is held with several hundred representatives from civil society. Four public consultations have also been carried out by the Commission, including before the commencement of the negotiations and, more recently, surrounding investment protection.
Despite the Commission's efforts to create a transparent process, several parties still claim the negotiations are not transparent enough. These concerns have prompted the European Ombudsman to open a public consultation into the transparency and public participation in relation to the TTIP.
The rapporteur on the opinion, Mr Markus TÖNS (DE/PES), Member of the North Rhine-Westphalia Landtag, would be happy to meet with representatives of local and regional associations and other stakeholders for a consultation and an exchange of views on the relevant topic of this opinion.
The consultation will take place on:
Friday 10 October 2014 between 10.00 a.m. and 12 noon
in the Committee of the Regions building
(Rue Belliard 99-101, B-1040 Brussels)
Room JDE 70
The rapporteur would be very keen to hear your views during the meeting. After a short introduction by the rapporteur, stakeholders will be invited to exchange views with the rapporteur.
In addition, if you have any position papers relevant to the subject, you are welcome to send them to us by e-mail using the addresses below.
The meeting will be held in German with simultaneous interpreting, allowing you to speak in English and French as well. Please note that the rapporteur's mother tongue is German.
You can already register to participate in this debate to shape the rapporteur's views. For practical reasons, you are kindly asked to register your participation before 1.00 p.m. on Thursday, 9 October 2014 via this link.
For more information, please contact our team: • For the ECOS Commission secretariat: Mr Robert Rönström, Tel: +32 2 282 2192 • For stakeholder relations: Dialogue

Contact Person: Mr Robert Rönström
Organizer: ECOS Commission
Phone - Mobile: -

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