TTIP: Business welcomes the positive step taken by EP INTA Committee

Commenting on today’s vote of the International Trade Committee of the European Parliament on the draft report containing recommendations on the negotiations for the TTIP, Markus J. Beyrer said: ‘We welcome the committee’s overall support for the transatlantic agreement. Today’s vote shows we have come a long way and positive dynamics are back. We are glad to see investors’ rights are acknowledged, however we need to make sure efficient instruments to enforce them are put in place. Furthermore, European companies warn against overloading EU’s trade agenda on sustainability. We are concerned about the request to exclude public services - irrespective of how they are provided and funded - as the EU should not put in question its own multilateral commitments in the WTO General Agreement on Trade in Services.’