EU Parliament Delays Recommendation on U.S. Trade Talks
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The European Parliament postponed giving its recommendations on a planned free-trade accord with the U.S. after a political fight erupted over possible limits on legal protection for foreign investors.
The indefinite delay in the vote on a resolution, originally due to take place on Wednesday in Strasbourg, France, followed a push by some Socialist members of the European Union assembly to insert language rejecting the idea of Investor-State Dispute Settlement, or ISDS. That effort was opposed by the Christian Democrats, the EU Parliament’s biggest faction, ahead of the No. 2 Socialists.