EU-US Transatlantic Trade and Investment Partnership (TTIP)

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EU-US Transatlantic Trade and Investment Partnership (TTIP)
09 Dec 2014

EU-US Transatlantic Trade and Investment Partnership (TTIP)

Brussels Daily

Commissioner Malmström visits Washington D.C. – Trade – European Commission

During a visit to Washington D.C. today, EU Trade Commissioner Cecilia Malmström met with US Trade Representative Michael Froman to discuss a fresh start to the negotiations on a EU-US Transatlantic Trade and Investment Partnership (TTIP). They reviewed the state of play in all areas of the talks.

“We had a very useful discussion, taking stock of where we are in the negotiations and pointing out the way forward. Ambassador Froman and myself are both personally involved in giving these negotiations the necessary political push. We also discussed the importance of engaging with stakeholders, in order to listen, explain and also demystify elements of this potentially very important agreement. TTIP is important not only because of what it can bring in terms of jobs and growth on both sides of the Atlantic, but also because of the possibility for us to set global standards, reconfirming our strong transatlantic partnership”, said Cecilia Malmström in a comment.

Building on the TTIP statement made by US and EU leaders in the margins of the G20 meeting in Brisbane in November, Commissioner Malmström confirmed the intention of the Commission to progress negotiations towards a comprehensive, ambitious and high standard agreement.
Malmström and Froman agreed a number of practical steps to prepare the next round of talks which are scheduled to take place in Brussels during the week of 2 February. These include meetings in January to prepare the February round.

At the meeting in Washington D.C., the importance of transparency in the TTIP negotiations was also discussed. Commissioner Malmström set out the recent measures adopted by the European Commission to increase transparency in the European negotiating process.

During her two-day visit to Washington D.C. 8-9 December, Commissioner Malmström is also meeting a number of Members of Congress, as well as consumer, labour union and business representatives.

Washington D.C., 8 December 2014

 

Transcript of Press Point with U.S. Trade Representative Froman and EU Commissioner for Trade Malmström

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