European agricultural organisation Copa-Cogeca said in a high-level meeting with US Secretary of State for Agriculture Tom Vilsack that there are many opportunities to be had in transatlantic trade talks, but more progress is needed on red tape and non-tariff barriers to trade. The two sides were discussing theTransatlantic Trade and Investment Partnership (TTIP), an ambitious trade project that has been subject to many rounds of negotiation between the US and EU. They exchanged offers on market access in the TTIP talks with 97 per cent of tariff lines included. But Copa-Cogeca said that the EU’s offer is "far more ambitious" than that of the. Read more...
Russia will carefully assess the Trans-Pacific Partnership (TPP) agreement before taking a stance, Kremlin spokesman Dmitry Peskov said,accordingto Sputnik News. “This is fairly new information, new agreements,” Peskov was cited as telling reporters. “Therefore, ofcourse, this will be carefully assessed inregard tocompliance withthe Russian Federation's national interests beforesome kind ofstance is formed.” The United States and 11 Pacific Rim countries reached an agreement on the TPP accord on October 5, after five years oftalks. Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam are members. Read more...
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