EU Trade Insights reports, “The European Parliament’s Socialist and Democrats Group (S&D) threatened on March 4 to vote down the ratification of the EU-Canada trade pact if no substantial improvements are made to the existing chapter on investment protection.”
S&D MEP Bernd Lange, who chairs the international trade committee in the European Parliament, says, “Without substantial changes to the text, we will not ratify CETA. …If the European Commission does not want to risk the failure of CETA and TTIP, it should take action and must take our group’s position into account. Otherwise there will be no majority for these agreements in the European Parliament.”
Image: From Mehr Demokrati licensed under CC BY-SA 2.0