MEP Marietje Schaake responds on trade agreement EU and Canada

Marietje
Today, the European Parliament debates about the trade agreement between the EU and Canada, that is currently under negotiation. The two teams of negotiators have reached a comprehensive political agreement on the content of the text and will meet at the end of September to take the next steps, the legal scrubbing of the text, translations and checking the contents with their stakeholders. Member of the European Parliament Marietje Schaake (ALDE/D66) responds: "It is good news that the formal negotiation process has now been completed. At first glance, this deal seems to offer European companies better opportunities in Canada, for example on procurement. At the same time, there is a lot of valid concern about the Investor to State Dispute Settlement (ISDS) clause. While a number of improvements have been made, the question whether we need this clause at all, remains relevant. The results of the Commission consultation on ISDS in the trade agreement with the US (TTIP) should be the basis of any final judgement of this issue. I want to know more about how businesses, small and medium-size enterprises and also consumers and civil society organizations view this mechanism." "It will still take at least a year, if not more, before this treaty can be implemented. The summit at the end of September has political, but no legal meaning. What we need now is a broad dialogue on the content of the texts. The European Commission, Member States' governments and businesses need to explain to European citizens why this deal is good for the European Union and how it will benefit Europeans. That means that first of all, the text and all annexes must be made public as soon as possible." The European Parliament has the power to ratify or strike down this agreement. Given the fact that this agreement also touches on the competences of the member states, it seems likely that it will be considered a mixed agreement, and that national parliaments will also need to ratify this treaty before it can be implemented. Update: on 16 September, Marietje Schaake spoke in the plenary meeting about the EU-Canada free trade agreement.