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NFFT approves stance on signing TTIP

Int’l Relations

An agreement between the Transatlantic Trade and Investment Partnership (TTIP), the European Union and the United States cannot be reached until talks ensure the regulation of transport emissions, and TTIPʼs sustainable development goals are harmonized with those of the United Nations, Hungaryʼs National Sustainable Development Council (NFFT) said yesterday, according to Hungarian news agency MTI.

The council, which is headed by Parliament House Speaker László Kövér, approved the position on the signing of the TTIP agreement in a vote with 16 in support, one voting against and one abstaining, MTI reported.

Kövér said in April that Hungary will continue to defend its national interests through negotiations of the proposed (TTIP). Hungary’s foreign minister Péter Szijjártó said in the same month that a “good” TTIP could boost Hungarian exports to America by 15-20% and create 20,000-30,000 jobs.

However, in May, Foreign Ministry state secretary István Mikola said Hungary is against the inclusion of the investor-state dispute settlement (ISDS) clause in the TTIP.

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