EU NewsBrief: EU/U.S. Leaders to Launch Negotiations on a Transatlantic Trade and Investment Partnership
WASHINGTON, Feb. 13, 2013 /PRNewswire-USNewswire/ --Leaders from the European Union and the United States announced today that they will initiate internal procedures to launch negotiations on a Transatlantic Trade and Investment Partnership. Together, the EU and U.S. would form the largest free trade zone in the world, and a future deal is expected to provide a strong boost to the economies on both sides of the Atlantic.
In a joint statement, United States President Barack Obama, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso noted that "The transatlantic economic relationship is already the world's largest, accounting for half of global economic output and nearly one trillion dollars in goods and services trade, and supporting millions of jobs on both sides of the Atlantic. We are committed to making this relationship an even stronger driver of our prosperity."
Writing in the Christian Science Monitor, Ambassador Joao Vale de Almeida, Head of the European Union Delegation to the United States, said that an agreement "would undoubtedly be a recovery booster."
Op-Ed by Ambassador Vale de Almeida in the Christian Science Monitor:
Final Report of the High Level Working Group on Jobs and Growth:
SOURCE Delegation of the European Union to the United States
More by this Source
EU Newsbrief: 26th AFI-EU Film Showcase Celebrates First-Class European Cinema
Dec 03, 2013, 16:15 ET
Calls for Proposals under the EU's Horizon 2020 Research and Innovation Program
Dec 11, 2013, 12:08 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.