Brussels, 15/04/2011 (Agence Europe) - The European Parliament's International Trade Committee wants to restrict the European Commission's power to scrutinise and withdraw member states' powers to sign bilateral investment deals with non-EU countries and is suggesting a more robust mechanism to replace bilateral talks with an approach aimed at concluding EU/third country agreements.
The current legal system for Foreign Direct Investment (FDI) comprises more than 1,200 bilateral investment...