Nov. 27 EU & US: EU & US End Second Round of TTIP Negotiations; Keen to Enhance Cosmetics Regulatory Compatibility

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The EU and US concluded the second round of week-long negotiations for the Transatlantic Trade and Investment Partnership. A good atmosphere and the active involvement of regulators from both sides meant significant progress was made.

 

“I am glad to see that we are now fully back on track with the EU-US trade talks”, said EU Trade Commissioner Karel De Gucht. “We are making good and steady progress across the broad range of issues we need to tackle to make our transatlantic business environment more efficient and effective whilst preserving the protections and rights already in place for consumers. Let’s keep our eye on the prize: more jobs for people in Europe, more growth for the European economy.”

 

Continuing from where they left off in the first round in July, negotiators discussed investment rules, trade in services, energy and raw materials, as well as a range of regulatory issues, including regulatory coherence, technical barriers to trade and sectoral approaches. Talks on public procurement took place before the planned October meeting, cancelled due to the US government shutdown.

 

 

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