Speaking in Dublin, Ireland, today, EU Trade Commissioner Karel De Gucht stressed the need to reinvigorate EU-U.S. trade relations.
Commissioner De Gucht said there is considerable economic uncertainty on both sides of the Atlantic “which is holding back companies from taking risks, laying out plans and invest in new products, new services and create jobs.”
Comprehensive trade liberalization across the Atlantic, said Commissioner De Gucht, would help the economic recovery and drive down the cost of transatlantic business.
“There is now, for the first time in years, a serious drive towards an EU-U.S. Free Trade Agreement,” he said. “We have been doing the preparatory work. We know what is at stake and what we can do about it. Now it is time to act.”
To read the full speech by Commissioner De Gucht, click here.
More on EU-U.S. trade relations click here.