SME Chamber

6th round of EU-US Transatlantic Trade and Investment Partnership negotiations concludes in Brussels

28 July 2014

The sixth round of EU-US trade talks, the Transatlantic Trade
and Investment Partnership (TTIP), concluded in Brussels on 18 July.

The highly
technical talks addressed "classic" market access issues such as tariffs,
services and public procurement, as well as non-classic areas such as the
regulatory agenda. Substantial time was devoted to the latter as it is
considered to be the most economically significant part of TTIP and what makes
TTIP different from the other trade agreements. The negotiators discussed how
to ensure close regulatory cooperation in such areas as standards and
conformity assessment, as well as on sanitary and phytosanitary (i.e. relating
to plant health) matters. Discussions were also held on sustainable
development/labour, the environment, energy, and SMEs. Negotiators are
currently focusing on nine sectors, including pharmaceuticals, cars, chemicals
and engineering. During the week, negotiators also met with over 400
representatives of civil society.

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