EU-US free trade talks race on, says UK minister

PRW

Published: December 20, 2013 8:30 am ET
Updated: December 20, 2013 8:34 am ET

Related to this story

Topics Public Policy, Government & Legislation

The third round of negotiations between the European Union and the United States for a Transatlantic Trade and Investment Partnership began on Dec. 16.

Lord Livingston, the UK’s minister for trade and investment, said the speed at which the free trade negotiations were proceeding showed a real commitment from both parties.

“As far as trade negotiations go, a launch and three negotiating rounds in seven months is operating at breakneck speed, reflecting the deal’s ambitious two-year timescale and its strong political and business backing,” he said

“But let’s be clear. An E.U.-U.S. deal is the biggest prize of them all. It has the potential to be the biggest free trade agreement ever, and will make exporting cheaper and easier for businesses of all sizes and regions on both sides of the Atlantic.”

Trade between the U.S. and the E.U. accounts for about 30 percent of world trade. A successful deal could add as much as €12 billion to the U.K. economy each year and €120 billion to the E.U., he explained.


Comments

EU-US free trade talks race on, says UK minister

PRW

Published: December 20, 2013 8:30 am ET
Updated: December 20, 2013 8:34 am ET

Post Your Comments


Back to story


More stories

Image

Comco Plastics in bitter lawsuit with former VP

October 31, 2014 2:17 pm ET

Comco Plastics Inc. is suing a former vice president of sales, his wife, the company they started and a former supplier, in part for allegedly...    More

OSHA investigation launched following blast at NJ reticulated foam plant

October 24, 2014 9:00 am ET

Four workers were concussed and sustained minor injuries during an explosion at the Inoac Crest Foam plant in Moonachie, N.J., earlier this month.    More

Image

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Plastic particles showing up in Germany's Lake Constance

October 21, 2014 1:16 pm ET

While Fakuma 2014 exhibitors and visitors occupied themselves with topics like molding of micro-sized plastic parts during the show, the presence of...    More

Image

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

UPDATED — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security payment...    More

Market Reports

Pipe, Profile & Tubing Extrusion Market Trends

This report provides in-depth analysis of current trends, statistics and innovations in product design and production impacting the PP&T industry in North America.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events