Mon 1 Jul to Tue 31 Dec 2013 to be announced

US and EU launch trade talks

  • By Anne Cukier and 1 other
  • Last update: 2 years ago
  • United States

US and EU flags

Flickr-openDemocracy

The US and the EU launch bilateral trade talks to strengthen transatlantic economic ties.

It is estimated that a deepening of the trading relationship between the two could result in new business deals worth billions of Euros.

According to the European Commission, a new trade deal between the US and the EU could increase the economic output of the EU by €122 billion a year.

The transatlantic trading relationship is the largest in the world. It accounts for about half of the global economic output and for almost a third of world trade.

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