Link to QCEA blog on US EU negotiations.
From the very beginning, facilitating trade has been a key aim of the European Union (EU) and its predecessors. One of the current trade projects being negotiated is the Transatlantic Trade and Investment Partnership, which enters the second stage of negotiation this week (11th-15th November 2013). TTIP, as it is known, is a wide-ranging free trade pact between the United States of America (US) and the EU. If the negotiations are successful and the treaty is ratified, TTIP would be one of the world’s largest trade agreements, rivalling the North American Free Trade Agreement (NAFTA). The pact would remove barriers, cut tariffs, and unify regulations between the EU and the US; or, to put it simply, it would further liberalize trade between two of the world’s biggest economies.
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