TTIP -Transatlantic Trade and Investment Partnership

TTIP Deal Faces Uncertain Future

Dan Industry News Release, Trade

TTIP-Transatlantic Trade and Investment Partnership
Trade negotiators for the U.S. and the European Union left scheduled talks in New York last week with little progress made regarding the Trans-Atlantic Trade and Investment Partnership. U.S. negotiators even rejected an EU request for three days of agriculture talks. The National Pork Producers Council, which supports TTIP, said the group is skeptical of father progress of the trade deal based on the stubbornness of the EU on various issues. The 28-country bloc is willing to eliminate tariffs on nearly all goods, for example, but the EU announced it is unwilling to remove tariffs on beef, poultry and pork. The EU has indicated it would allow some market access for “sensitive” products, including meat if the United States agrees to the EU’s demands on reciprocal access and on protections for products labeled with geographical indications. NPPC says the future of TTIP is now more uncertain. Last month, EU trade ministers expressed doubts about getting the trade deal completed before the end of the Obama administration and several called for a pause in negotiations. No talks are scheduled beyond October.

From the National Association of Farm Broadcasting news service.