Transatlantic Trade and Investment Partnership (EU-US FTA), sometimes also called Transatlantic Free Trade Agreement (TAFTA)
The European Commission published its proposal for an EU-US agreement on conformity assessment for industrial products, in line with its commitment to enhanced transparency in trade negotiations.
European Union plans to allow more US beef imports cleared a key hurdle when EU lawmakers specialising in trade backed the move, which is likely to ease transatlantic tensions.
The EU’s likely next trade commissioner Phil Hogan has said he wants to secure a trade agreement with the US despite warning Washington "it takes two to tango" to secure any deal.
European civil society organizations published an open letter to the Trade Commissioner-designate and the President of the European Commission regarding the lack of transparency in the ongoing EU-US trade talks.
Emerging threats from the EU-US trade talks on confomity assessments and regulatory cooperation.
Trade talks between the United States and Europe have moved slowly, given disagreements over whether to include agricultural products in a deal.
Yielding to aggressive US policy, the European Union signed a deal with the United States which allows US farmers to sell more beef to Europe and will lead to a meat surplus in the European market.
The EU has agreed to increase the quota allocated to US beef exporters to 35,000 tonnes a year. The total quota of non-hormone-beef permitted to enter the EU market will remain unchanged at 45,000 tonnes.
The report provides an overview of the progress made and illustrating the depth of the engagement between EU and US over the past year.
The US is not ready to negotiate unless agriculture products are included in the agreement. But agriculture “is a red line for us,” EU’s trade chief said.
The mutual recognition agreement for inspections of manufacturing sites for human medicines in their respective territories can make it faster and less costly for both sides to bring medicines to the market.
The US and EU are set to begin talks on reducing tariffs but the Trump administraion is focused on China, EU’s chief trade negotiator says.
That’s in part because of a long-running catch 22: the US won’t contemplate a deal that doesn’t include agricultural goods, and the EU, keen to protect its own farmers and maintain food standards, refuses to allow a deal that does include them.
As agreed by the European Council
The US negotiating objectives clearly intend to cover agriculture broadly. One of the trade negotiation mandates adopted by the EU addresses domestic regulatory changes which does not exclude agriculture.
European Union countries have approved plans for trade talks with the United States. France voted against and Belgium abstained.
France will vote against the start of trade talks between the European Union and the United States, the French presidency has said, despite EU members agreeing in principle to begin the discussions.
In its latest report on foreign trade barriers, the USTR, prompted by the pharmaceutical industry, takes aim at the pharmaceutical pricing and reimbursement policies in the European Union.
Paris is especially wary after the failure of talks on TTIP, a far more ambitious transatlantic trade plan.
France wants to secure guarantees on environmental protection and access to public procurement markets before moving forward into new trade talks with the US.