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Trade transparency register supported

The EU is contributing €100,000 to the financing of a public register of documents and decisions related to international investor-to-state dispute settlement cases.

The register, which already exists, is hosted by the United Nations Commission on International Trade Law. The European Commission said on 6 January that its funding would help to open up investor-to-state dispute settlement cases, increasing their legitimacy and accountability and bringing consistency between awards.

The nature of the investor-to-state dispute mechanism that will be included in the Transatlantic Trade and Investment Partnership trade agreement being negotiated between the EU and the US has been one cause of widespread protest about the agreement.

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