>>
Home / Knowledge / News / Textiles / EU & US conclude first round of TTIP negotiations
EU & US conclude first round of TTIP negotiations
16
Jul '13
“It’s been a very productive week”, said EU Chief Negotiator Ignacio Garcia-Bercero coming out of the talks. “We have been striving already for many months to prepare the ground for an ambitious trade and investment deal that will boost the transatlantic economy, delivering jobs and growth for both European and Americans. This week we have been able to take this negotiation to the next step. The main objective has been met: we had a substantive round of talks on the full range of topics that we intend to cover in this agreement. This paves the way to for a good second round of negotiations in Brussels in October.”

Working throughout the week, the negotiating groups have set out respective approaches and ambitions in as much as twenty various areas that the TTIP - the biggest bilateral trade and investment negotiation ever undertaken - is set to cover. They included: market access for agricultural and industrial goods, government procurement, investment, energy and raw materials, regulatory issues, sanitary and phytosanitary measures, services, intellectual property rights, sustainable development, small- and medium-sized enterprises, dispute settlement, competition, customs/trade facilitation, and state-owned enterprises.

Negotiators identified certain areas of convergence across various components of the negotiation and - in areas of divergence – begun to explore possibilities to bridge the gaps.

The talks have been based on a thorough review of the stakeholders views expressed to date. The negotiators met also in the middle of the week with approximately 350 stakeholders from academia, trade unions, the private sector, and non-governmental organisations to listen to formal presentations and answer questions related to the proposed agreement.

The next round of TTIP negotiations will take place during the week of 7 October in Brussels.

Background

The first round of talks follows the official launch of the negotiations that was announced by US President Barack Obama, President of the European Commission José Manuel Barroso, President of the European Council Herman Van Rompuy and UK Prime Minister David Cameron at the G8 Summit held on 17 June 2013. Beforehand, EU Member States agreed to give the European Commission 'the green light' to start negotiations with the United States and defined their negotiating guidelines (IP/13/548). The initiative of a transatlantic agreement is based on the recommendations of the EU-US High Level Working Group on Jobs and Growth that steered the reflection on future EU-US relations since late 2011.

The aim of the ambitious Transatlantic Trade and Investment Partnership is to liberalise as much as possible trade and investment between the two blocs. The trade agreement with the US is expected to result in more jobs and more growth on both sides. That will help boost economic growth and would be a very good message for the whole world economy.


Must ReadView All

Pic: Dreamstime.com

Apparel/Garments | On 22nd Jan 2022

Dhaka, Berlin sign €20.15-mn pact to improve RMG workers conditions

Bangladesh and Germany have signed an agreement to support five...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

UKVFTA brings positive results to bilateral trade: Vietnamese ministry

The recently effective UK-Vietnam FTA has led to positive outcomes,...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

Cambodia approves new projects worth $1.9 bn, including 2 garment ones

The Council for the Development of Cambodia has approved 10 projects...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Zayed Moyeen,

Zayed Moyeen

Far East Knitting and Dyeing Industries LTD (FEKDIL) was established in...

Barry Goodwin,

Barry Goodwin

UK based Amba Projex Ltd designs, manufactures, and installs industrial...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas
Suta

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Lisa S.P.A.
Grasim Industries Limited
Recron Polyester from Reliance Industries Limited
Splash
The LYCRA Company Singapore  Pte. Ltd
Vardhman Textile Ltd
Gloria Jeans
OVS Hong Kong Sourcing Ltd.
SHAHI Exports Pvt Ltd
Cat Tuong Real Estate Group Joint Stock Company
Under Armour Global Sourcing Ltd
C;&A Sourcing International Ltd
MAS Active / MAS Kreeda / MAS Bodyline
Alison Hayes Romania
Desigual - ABASIC, S.A.
The Top Form Brassiere Manufacturing Company Limited
Babyshop
Helly Hansen Far East Ltd
Calvin Klein
Permoda(Koaj/Armi/Pronto/Bkul)
Vianney Textil Hogar S.A. De C.V.
Sateri (Jiujiang) Fiber Co.,Ltd
Sainsbury's Argos Asia Limited
Guess Europe Sagl,
Hela Clothing Pvt Ltd
Lifestyle
Sportswear Company Spa
Amazon China
Midas Clothing Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Boardriders Asia Sourcing Limited
Tory Burch Hong Kong Ltd
Maceton Limited
John Varvatos
Tommy Hilfiger
LC Waikiki
Benetton Group
IKEA of Sweden AB
Phong Phu international JSC (PPJ)
Alix Partners
Reiter India Private Limited
Huntsman (Singapore) Pte Ltd
Rosset ;& Cia Limited
International Textile Manufacturers Federation
IDH – The Sustainable Trade Initiative
Asos
Etam Group Strategy Hong Kong Limited
Lenzing Aktiengesellschaft
Chico’ FAS
Lacoste (Wanchai)
Gokaldas Exports Limited
Hirdaramani International Export Private Limited
BIMBA ;& LOLA SL
Aquarelle Clothing Limited
PVH Corporation
T.T. Limited
Walmart
Green Fibre
Bluestem Global Sourcing Limited
Varner AS Retail
KIABI
Esprit Europe Services GmbH
Eastman Chemical Company
G-Star Raw C.V.
Gatsby Africa
Tchibo GmbH
THE BOMBAY DYEING ;& MFG.CO. LTD
KAS Direct Sourcing
Sportmaster Ltd.
Page Industries Limited (Bangalore)
Target Corporation (MN)
Rayonese Textile Inc., Division de Culp Inc.
Seasalt Limited
Gap International Sourcing Limited
Groz-Beckert East Asia LLP
Lululemon Athletica Inc
Aramark Uniform ;& Career Apparel, LLC
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Chori Company Limited
Puma
NITI Aayog
Landmark Group
BIANCA
Abit
Arvind Limited
Brandix Lanka Limited
TESCO INTERNATIONAL SOURCING LIMITED
Truetzschler India Private Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Restoque S.A.

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search