There is a lot going on this week with regards to trade, and TTIP in particular on both sides of the Atlantic. Yesterday, the European Parliament continued its hearings, interviewing Lord Jonathan Hill, Commissioner- elect for Financial Stability, Financial Services and Capital Markets Union.
Lord Hill failed to convince members of Parliament and has been recalled for a second hearing. Today’s hearings started with Pierre Moscovici, Commissioner – designate for Economic and Financial Affairs, Taxation and Customs.
Hearings are scheduled to proceed until October 7, after which the European Parliament will vote to either accept or reject the new Commission as a whole on October 22.
On the other side of the Atlantic, the seventh round of TTIP negotiations will continue near Washington, DC until Friday. USTR hosted a stakeholder forum yesterday to receive input and feedback from interested groups and civil society, along with a negotiator briefing updating stakeholders on progress made to date.
The 7th round of negotiations will close with a media briefing held by the USTR on Friday, October 3.