Arab Today, arab today g8 summit gets underway launching formal talks on free trade agreement
Last Updated : GMT 11:33:52
Arab Today, arab today
Arab Today, arab today

G8 summit gets underway, launching formal talks on free trade agreement

Arab Today, arab today

Arab Today, arab today G8 summit gets underway, launching formal talks on free trade agreement

Lough Erne - XINHUA

The summit of the Group of Eight (G8) industrialized nations is taking place at the Lough Erne resort with the launch of formal negotiations on a free trade agreement between the European Union (EU) and the United States. \"We are talking about what could be the biggest bilateral deal in history,\" British Prime Minister David Cameron said at a joint media conference. European Commission President Jose Manuel Barroso and U.S. President Barack Obama both said the negotiations would begin next month. The first round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations will reportedly take place at the week of July 8 in Washington, D.C., under the leadership of the Office of the U.S. Trade Representative. The U.S. and the EU already have the largest economic relationship in the world, accounting for half of global economic output and 30 percent of world trade. The transatlantic trade deal will aim to eliminate all tariffs on trade and create the largest free trade area in the world. Senior EU officials announced last Friday that EU member states had reached an agreement to grant a mandate to the European Commission for negotiating the free trade deal, but the audio-visual sector would not be in the mandate at this moment. The partial mandate is a result of determined opposition from France which has been insisting that it will not allow the transatlantic negotiations to begin unless the European Commission agreed to take all audio-visual issues off the table in advance. French Minister for Foreign Trade Nicole Bricq said that if further opened up to the United States, the survival of its cultural sectors would be at risk, as U.S. companies would bring along \"technological revolutions\" that French companies would find it difficult to adapt. The leaders attending the summit include Obama, Cameron, Italian Prime Minister Enrico Letta, Canadian Prime Minister Stephen Harper, Japanese Prime Minister Shinzo Abe, French President Francois Hollande, Russian President Vladimir Putin, German Chancellor Angela Merkel and Barroso. Apart from the conflict in Syria, the two-day summit will also focus on economic and taxation issues. The summit is taking place behind tight security, with 8,000 police on duty around the venue. So far, no large number of protesters have been reported in Enniskillen, less than 10 km away from the Lough Erne resort. Few anti-G8 protesters have set up tents near Enniskillen Castle.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today g8 summit gets underway launching formal talks on free trade agreement Arab Today, arab today g8 summit gets underway launching formal talks on free trade agreement

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday