France, like the UK and Germany, will block the trade deal all - TopicsExpress

France, like the UK and Germany, will block the trade deal all together if the mechanism of investor-to-state dispute settlement (ISDS) is included; EurActiv France reported. The clause appears in most free trade agreements, and would leave France defenseless against foreign companies taking legal action against it if laws and legislation stunt profits. France did not want the ISDS to be included in the negotiation mandate, Frances Secretary of State for Foreign Trade, Matthias Fekl told the French Senate. We have to preserve the right of the state to set and apply its own standards, to maintain the impartiality of the justice system and to allow the people of France, and the world, to assert their values, he added. Due to this stumbling block, there will be no “significant advances” in the trade agreement, which has been a sour point in US-EU relations.

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