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CBI comments on European Commission TTIP report

By Bai Tianxing (People's Daily Online)    11:54, January 15, 2015
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LONDON,Jan. 14 (People's Daily Online) —— The report Transatlantic Trade and Investment Partnership (TTIP), published by CBI, outlines the potential benefits it could produce for the wider economy.

The CBI today commented on a report from the European Commission in response to a public consultation on the TTIP, and specifically, on the possible inclusion of an Investor State Dispute Settlement (ISDS) clause.

CBI Brussels Director Sean McGuire said: "This report moves the ISDS debate forward in an open and inclusive process, setting out areas for action to secure support for a comprehensive deal that delivers growth, jobs and benefits to consumers on both sides of the Atlantic."

"It is vital that ISDS provisions in TTIP guarantee foreign investors a fair and independent process when investment disputes arise, whilst also addressing public concerns about transparency and the right to regulate."

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Zhang Qian,Bianji)

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