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EU tinkers with hated trade deal

THE European Commission tried to put a new gloss on an unpopular trade deal yesterday with a second rejig of pro-capitalist dispute mechanisms.

EU Commissioner for Trade Cecilia Malmstrom unveiled the latest proposals for the controversial investor-state dispute settlement (ISDS) mechanism, which has threatened to scupper the Transatlantic Trade and Investment Partnership (TTIP).

TTIP is currently being negotiated in secret between shadowy European and US bureaucrats.

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