The European Commission (EC) is seeking an expansive mandate to negotiate on investment issues on the behalf of the European Union. In its recommendations to the European Council, the EC sought modifications in the negotiating directives for the proposed free trade agreement with India. If these recommendations are accepted, the EC would pursue comprehensive cross-border investment liberalization and investment protection provisions under the trade agreement with India. The EC document calls for the “progressive abolition of restrictions on investment, with the aim to ensure the highest level of market access.”

The EC recommendations contain…