Business outlines position on energy in the context of TTIP

BusinessEurope has adopted its position paper on energy in the context of the Transatlantic Trade and Investment Partnership (TTIP) agreement. The paper defends the inclusion of specific energy chapter/provisions in the agreement as the way to ensure that current US export restrictions are properly addressed and EU industries have access to an alternative source of supply. This would help to diversify our external energy supplies and contribute to a more levelled competitive environment that currently favours US companies, particularly in energy-intensive sectors.