On Monday April 15th the European Council approved negotiating mandates for two potential trade agreements between the European Union and the United States. This is a procedural but important step in the process, as it signifies that the leaders of all 28 EU Member States have given their approval for the European Commission to act on their behalf to formally launch negotiations with the U.S. on two potential trade agreements – one on conformity assessment, and the other on eliminating tariffs on industrial goods. Launching these negotiations is a direct outcome of the meeting between President Trump and European Commission President Jean-Claude Juncker last July, as articulated in the Joint Statement.
While this is certainly a significant development in transatlantic relations, it’s important to note that the mandates are narrowly drawn, intended to achieve what EU Trade Commissioner Cecilia Malmström described as “two targeted agreements that wil ...
Yesterday on August 16, 2017, the first round of the NAFTA modernization talks started. Our views on NAFTA modernization can be found here. SIIA wishes the negotiators speedy success and urges the United States, Canada, and Mexico to adopt modern digital trade rules and strengthen respect for intellectual property rights.