Trade News

Trade News

Chapter News, Trade & TTIP Related

Sizing up the Transatlantic Relationship

The EU Delegation to the United States has put out a fact sheet looking at the scale of the EU-US economic relationship as well as the many areas where the two sides have partnered to confront global challenges, such as the nuclear agreement with Iran, the Transatlantic Economic Council, the Transatlantic Business Dialogue, and more. The fact sheet emphasizes the massive scale of EU-US relations, with their combined GDP making up 46.1% of world GDP, and the need for continued...
Chapter News, Trade & TTIP Related

EU to pursue the most ambitious sustainable development, labour and environment provisions in TTIP

"Trade is not just about our economic interests, but also about values. That's why we are proposing a very ambitious approach to sustainable development in the EU-US trade talks." The European Commission published today its proposal for a chapter on trade and sustainable development, including labour and the environment, in the ongoing EU-US trade talks. The proposed chapter on sustainable development in the Transatlantic Trade and Investment Partnership (TTIP) offers the most ambitious provisions ever put forward on these issues to...
Chapter News, Trade & TTIP Related

The Transatlantic Trade and Investment Partnership (TTIP): The sluggish state of negotiations

This analysis from the European Parliament looks at the current state of negotiations in relation to the political objectives of the EU mandate and those expressed by the European Parliament in its recent resolution on TTIP, as well as the US Congress's objectives as specified in the Trade Promotion Authority (TPA) Act.  It also examines progress on each chapter of TTIP and what issues still need to be overcome. The analysis concludes that negotiations need to be sped up significantly...
Chapter News, Trade & TTIP Related

TTIP’s 11th Round: Where Are We and What’s Next?

Last month, representatives of the United States and the European Commission met in Miami, Florida for the 11th round of negotiations for the Transatlantic Trade and Investment Partnership (TTIP) free trade agreement between the U.S. and the European Union. Discussions at the 11th round centered on the exchange of revised market access offers, which would mutually eliminate 97% of all tariffs on both sides, with duties going to zero for most lines immediately upon the entry into force of the agreement....
Chapter News, Trade & TTIP Related

11th round of TTIP talks brought progress in most areas of the negotiations

Today, the EU and US finished 11th round of talks on the Transatlantic Trade and Investment Partnership (TTIP). Negotiators discussed all three pillars of what could be the biggest bilateral trade agreement in history, meaning market access for EU and US companies, regulatory cooperation and trade rules. The goal of the agreement is to slash trade taxes and facilitate trade between the two blocks with an aim to boost economic growth, create more job opportunities and modernise rules governing global...
Trade & TTIP Related

Trade For All: EU Trade and Investment Strategy

The EU’s new trade and investment strategy, launched October 14, is designed to be more effective, transparent, and reflective of EU values, including sustainable development, human rights, fair and ethical trade, and the fight against corruption.  It is intended to benefit as many people as possible—including workers, consumers, small and medium-sized businesses, and  trading partners in developing countries. As the world’s largest exporter and importer of total goods and services, the largest foreign direct investor, and premier destination for foreign direct investment,...
Trade & TTIP Related

11th Round of TTIP Launches in Miami

The 11th round of Transatlantic Trade and Investment Partnership negotiations will take place in Miami, Florida all week this week. Representatives from the EU, led by Ignacio Garcia Bercero on behalf of EU Trade Commissioner Cecilia Malmström, arrive in Florida on Monday morning. On the US side, Dan Mullaney will lead a team from US Trade Representative Michael Froman's office. The two groups of experts will confer on the three biggest challenges to a comprehensive free trade agreement: access to...
Chapter News, Trade & TTIP Related

Trade for All: European Commission presents new trade and investment strategy

This more responsible approach responds to new economic realities in line with the EU's foreign policy. Based on three key principles - effectiveness, transparency and values - it ensures trade policy benefits as many people as possible. The Commission is proposing a new trade and investment strategy for the European Union, entitled ‘Trade for All: Towards a more responsible trade and investment policy’. The new approach builds on Europe's excellent trade track record. EU companies export nearly as much as China to...

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