EU-Canada trade deal’s investor court system ‘crazy’ – Harkin

The Independent MEP Marian Harkin says she would not vote for the current EU-Canada trade known as CETA. The Midlands North-West MEP is opposed to an element within the current deal that centres on an investor court system mechanism to settle disputes between states and foreign investors. Critics say it could be used by multinationals to dictate public policies. Marian Harkin says that mechanism has to be removed from the CETA deal for it to be acceptable.    

Out words: for investors

Dur: 00:35 

BACKGROUND

The Comprehensive Economic and Trade Agreement was due to be formally signed this week at a summit in Brussels. But those plans were scuppered when the regional Belgian parliament of Wallonia recently voted against the deal. Belgium’s federal government needs the consent of its five regional authorities, including French-speaking Wallonia to agree to the deal.