BusinessEurope talks investment protection and ISDS at "Friends of TTIP" breakfast

On April 9th 2014, René van Sloten, Chairman of BusinessEurope’s Market Access Working Group, participated in a “Friends of TTIP” breakfast event dedicated to investment protection and the investor-state-dispute settlement mechanism (ISDS). ISDS is a vital part of investment protection, as it provides for neutral, fact-based dispute resolution in cases where international agreements are breached. It is important that the mechanism is maintained, but nevertheless improved and modernised, in order better to accommodate contemporary needs of investors, governments and the civil society. In this respect, TTIP offers a unique opportunity for the EU and US to help create a global standard for ISDS, in a constructive and positive approach.