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Tuesday, July 9, 2013

Began US-EU trade talks

Union and the United States last night Evropan have opened negotiations to create the largest area of free trade in the world.
These negotiations were opened during the clashes between the two allies, due to revelations by former contractor of the National Security Agency, Edward Snowden, spying on the U.S. to EU diplomatic offices and computer networks.

New Trade Representative of the United States, Michael Forman, has called on the negotiating teams that "to resist incentives to reduce" the ambitious agreement.

In Geneva, the EU Commissioner for Trade, Karel De Gucht, said the deal will increase the number of jobs and growth will accelerate in the period of economic crisis, reports Rel.

Negotiations are intended to remove barriers to trade and investment and is expected to reach agreement by the end of 2014.

In 2012, trade in goods between Washington and the EU reached $ 650 billion, while investment services and that too, also, has reached hundreds of billions of dollars.

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