The Joint Economic Committee (JEC), composed of experts from both countries, is responsible for advising and assisting the IGC in relation to economic issues connected to the Concession.

Historically, the IGC assumed an economic regulatory role in the Channel Tunnel. The IGC Regulation of 23 March 2015 transferred the IGC’s competence for economic railway regulatory matters to the national regulatory bodies (ORR and ART). They co-operate within the framework of a co-operation agreement.

Economic regulation

The following document describes the remaining role of the IGC in economic regulation, following the transfer of competence to national economic regulators:

Role of the IGC in economic matters