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Transatlantic News
Transatlantic News
30
Sep
The U.S. Department of Commerce today issued its Jobs Supported by Export Destination 2015 report showing that U.S. goods exports to current free trade agreement partners supported more than 3 million jobs in 2015, an increase of more than 22 percent since 2009. U.S. goods and services exports to our North American Free Trade Agreement (NAFTA) partners – Canada and Mexico – alone accounted for nearly one out of four jobs supported by exports.
“This report clearly shows how American...
29
Sep
Trade ministers from European Union member states will convene in Bratislava, Slovakia later this week to discuss the fate of the Transatlantic Trade and Investment Partnership (TTIP). The goal of the summit is to assess whether negotiations are in an advanced enough state to enter the so-called end-game, in which the United States and European Union would resolve remaining differences and agree upon final texts. EU Trade Commissioner Cecilia Malmström and U.S. Trade Representative Michael Froman maintain that successful...
29
Sep
Ladies and gentlemen
Our world has never been better off. Freer trade has brought competition to markets that used to be closed. It has made us more productive, and helped people and ideas to circulate, creating innovations that have changed our lives.
But despite this, many people are unhappy. They see the executives and shareholders of big companies getting richer, and they ask – is this economy for everyone, or only for a lucky few?
That’s a fair question. And a crucial...
26
Sep
The 15th round of EU-US trade talks will take place in New York from Monday 3 to Friday 7 October 2016.
NEGOTIATIONS
The fifteenth round of EU-US negotiations on the Transatlantic Trade and Investment Partnership (TTIP) agreement will take place in New York, from 3 – 7 October. Both EU and US Chief Negotiators will take a break from the talks to brief the stakeholders on the update of negotiations. The event will take place on Wednesday, 5 October.
CHIEF NEGOTIATORS BRIEFING
The...
26
Sep
Opening remarks by Yves Mersch, Member of the Executive Board of the ECB,
at the Eurosystem community session at Sibos,
Geneva, 26 September 2016
Introduction
One year ago, the Eurosystem shared some initial reflections on the strategy for the future development of its market infrastructure. The rationale behind these strategic reflections was the need to keep pace with technological developments in line with the mandate of our Treaty to promote the smooth operation of payment systems.
Digitalisation of financial services
The digitalisation of financial services...
23
Sep
Meeting in the Maltese capital of Valetta, the Board of Directors of the European Investment Bank approved more than EUR 7.3 billion of new loans for investment in strategic infrastructure, the environmental and knowledge economy as well as private sector schemes across Europe and around the world, including ground breaking new projects in Malta. 18 of these loans, worth EUR 2.8 billion will be backed by the European Fund for Strategic Investments.
Plans to extend the European Fund for Strategic...
23
Sep
Once Brexit negotiations begin the European Parliament will be a responsible and active partner, Martin Schulz told UK Prime Minister Theresa May. The Parliament President met her during a visit to London on 22-23 September. He said the greatest challenges would be trade and the issue of preserving the freedom of movement of goods, people, services and capital. He also discussed why the Parliament believes article 50 should be triggered as soon as possible.
In addition to May, Schulz also...
23
Sep
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...
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