U.S., EU Conclude Sixth Round of T-TIP Negotiations

On July 18, the United States and the European Union concluded the sixth round of Transatlantic Trade and Investment Partnership (T-TIP) negotiations in Brussels. U.S. Trade Representative Michael Froman offered the following statement upon conclusion of this round:

“U.S. and EU negotiators worked productively this week to identify paths forward across the negotiations. Opportunities for a major upgrade of one’s biggest economic relationship do not come along often, and we cannot afford to squander this one. I applaud the efforts of the teams for exploring creative ways to open markets to support job creation, growth and competitiveness, including by bridging divergences in our regulatory regimes, without compromising the level of health, safety and other regulations our people have come to expect.”

In a speech to the European Parliament that took place during the T-TIP round, EU Trade Commissioner Karel De Gucht offered several strong arguments in favor of T-TIP, but his speech also included the following discouraging statement:

“And where the gap in approach between the EU and the U.S. is too wide, we just won’t change our rules. We will not import any meat that is treated with hormones; we will not give a blanket approval of imports of GMOs.”

USTR has not yet posted a readout from this round of negotiations, but readouts from individual T-TIP rounds are available on this USTR Web page. Additional T-TIP details are also available online.