In the midst of the ongoing debate about our trade deal with Canada, and EU trade policy in general, I am heading to Bratislava. For the next two days, the Slovak capital will be the centre of EU trade policy discussions. I hope that the series of meetings planned there will bring us closer to the decision on the entry into force of the EU-Canada treaty. This agreement – CETA – is the most forward-looking free trade agreement that Canada...

15th Round Transatlantic Trade and Investment Partnership Negotiations October 3 – October 7, 2016 New York, NY NEGOTIATIONS The fifteenth round of U.S. - EU negotiations on the Transatlantic Trade and Investment Partnership (T-TIP) agreement will take place in New York, NY from October 3 - 7. The Office of the U.S. Trade Representative (USTR) will host an extended Chief Negotiator's briefing for stakeholders to provide an update on negotiations and solicit input and feedback from interested stakeholders on Wednesday, October 5, as well...

The Trans-Atlantic Trade and Investment Partnership offers an opportunity for the European Union (EU) to improve the innovativeness of its economy. The EU is a political and economic union of twenty-eight European nations with a collective GDP of 16.5 trillion USD and a population exceeding half a billion. Yet, despite high standards of living, education, and technological access, innovation in the EU trails far behind that of the United States (US). The Global Innovation Index ranks the US the fifth most...

Even though President Barack Obama cautioned that the UK would be at the ‘back of the queue’ for a trade agreement with the US if the country chose to leave the EU, in the post-Brexit world a deal might be struck more swiftly. Various ideas for bringing the UK and US into a formal trade arrangement have been floated – ranging from a bilateral UK-US trade deal, or the UK joining NAFTA (the North American Free Trade Agreement between...

A detailed report of the 14th round of TTIP talks is now available. It sets out progress achieved, chapter by chapter. The 14th negotiating Round took place in Brussels from 11-15 July 2016. For logistical reasons, the talks on services and investment stretched into the following week. This Round saw a record number of textual exchanges, which means there are proposals for almost all chapters on the table now, totalling about 30. As in previous rounds, close to 400 stakeholders...

There are concerns that the UK’s decision to leave the EU may jeopardise future TTIP negotiations. Some fear Brexit could make the EU a less attractive trade partner for the US. However, it seems that the new US administration as well as upcoming elections in Germany and France could end up posing bigger threats to the trade agreement than Brexit. 23 June  2016 was a sad day in the history of the European Union. Nearly 52% of the British citizens who...

The EU has become deeply integrated into global markets. The openness of our trade regime has meant that the EU is the biggest player on the global trading scene and remains a good region to do business with. Overview Top trading partners Countries and regions statistics View this Table for illustration. Trade flows (€bn)Year-on-year growth (%)EU28 merchandise trade with Extra-EU28ImportsExportsBalance% Imports growth% Exports growthJun14-May15Jul14-Jun15Aug14-Jul15Sep14-Aug15Oct14-Sep15Nov14-Oct15Dec14-Nov15Jan15-Dec15Feb15-Jan16Mar15-Feb16Apr15-Mar16May16 -Apr16Jun15 -May16-500 €bn0 €bn500 €bn1000 €bn1500 €bn2000 €bn-5 %0 %5 %10 %15 %20 % EU28 merchandise trade with Extra-EU28 More on Statistics Trade flows in goods between...

The United States and the European Union (EU) share the largest trade and investment relationship in the world, with more than $5.5 trillion in commerce every year and up to fifteen million jobs generated on both sides of the Atlantic. Currently under negotiations, the Transatlantic Trade and Investment Partnership (TTIP) will bolster this key partnership, increasing efficiency, spurring job creation, and generating opportunities for innovation and small and medium enterprises. At a time of slow recovery from the 2009...