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The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic business.
An indepth look at possible stumbling blocks in the EU-US FTA negotiations
The furor over U.S. Internet surveillance could hit transatlantic trade. A senior European lawmaker says the revelations could potentially derail plans for a U.S.-EU free trade deal.
Leaked draft versions of the EU negotiating mandate for a far-reaching free trade agreement with the US reveal the European Commission’s plans to enshrine more powers for corporations in the deal. The proposal follows a persistent campaign by industry lobby groups and law firms to empower large companies to challenge regulations both at home and abroad if they affect their profits.
The draft mandate dated 21 May 2013 is expected to be passed during a one-day session of the EU Foreign Affairs Council of Ministers on 14 June 2013.
The draft mandate dated 21 May, expected to be passed during a dedicated one-day session of the EU Foreign Affairs Council of Ministers on 14 June, was leaked by German activist blog “netzpolitik.org”.
US consumer groups raised concerns on Wednesday about the proposed free trade agreement between the US and the EU, which they said could weaken government health, environmental and food safety regulations and undermine privacy on the Internet.
Opposition to US agricultural practices is threatening to become a major battle in discussions starting next month that could sweep away trade barriers between the United States and Europe.
Coalition of ag organizations says previous talks through Trans-Pacific Partnership should be used as model for EU agreement
Turkey is pushing for involvement in a proposed free trade pact between the United States and Europe which it fears could leave it sidelined and hamper its ambitions to become a top 10 economy over the next decade.
