Arab Today, arab today useu trade talks \on track\ but tough barriers ahead
Last Updated : GMT 08:25:06
Arab Today, arab today
Arab Today, arab today

US-EU trade talks \'on track\' but tough barriers ahead

Arab Today, arab today

Arab Today, arab today US-EU trade talks \'on track\' but tough barriers ahead

Washington - AFP

US-EU talks on a transatlantic free trade zone are moving ahead but still face their toughest challenge, cutting back regulatory differences, Europe's top negotiator Karel de Gucht said Tuesday. Eight months into negotiations on the Transatlantic Trade and Investment Partnership (TTIP), de Gucht, the European Union commissioner for trade, said he and his US counterpart agreed that "things are on track." "The consequence is that the next phase is going to be harder going. This is where real negotiations begin," he said. "If we want to finish on the now-proverbial single tank of gas, our message to our negotiators now is that we need to step up a gear." De Gucht spent Monday and Tuesday in discussions with US Trade Representative Michael Froman in Washington to take stock of the TTIP talks, aimed at creating what could be the world's largest and richest free-trade zone. Teams of experts from both sides have met three times since last year, and de Gucht said the two sides had identified areas of agreement, but more so marked out their differences. "Certainly, the marked-out areas are still larger than the common ground. But we now have a clear picture of the whole field," he said. A key challenge will be the haggling over issues on labor and the environment, where the sides have markedly different standards that could be tested. "We need to make absolutely sure that transatlantic trade and investment supports, rather than undermines, our high standards on these sustainable development issues. We will not sacrifice them for commercial gain," said de Gucht. Most difficult though will be harmonizing regulatory differences that hamper trade, which go well beyond traditional trade issues like tariffs to environmental and health protection and involve issues of biology and chemistry. "It's difficult technically and difficult politically," he said, but on those issues the EU and US "share much more than where we differ." Both de Gucht and Froman said they are committed to fashioning a deal despite the political challenges any pact will face on both sides of the Atlantic. "Our resolve and the political will to reach an ambitious, comprehensive agreement remain strong," said Froman, in a separate statement.

arabstoday
arabstoday

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 useu trade talks \on track\ but tough barriers ahead Arab Today, arab today useu trade talks \on track\ but tough barriers ahead

 



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 useu trade talks \on track\ but tough barriers ahead Arab Today, arab today useu trade talks \on track\ but tough barriers ahead

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq's Barzani isolated by his drive

GMT 04:36 2017 Tuesday ,24 October

Iraq's Barzani isolated by his drive
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU targets German carmakers

GMT 05:41 2017 Tuesday ,24 October

EU targets German carmakers
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today Sherine Reda frustrated of latest terrorist attacks

GMT 09:03 2017 Monday ,23 October

Sherine Reda frustrated of latest terrorist attacks
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:12 2017 Saturday ,21 October

Donia Abdel Aziz aspires to return to cinema

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 08:06 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
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