UP

EU set to clear start of talks to boost U.S. imports

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto
EU set to clear start of talks to boost U.S. imports

European Union countries are on the verge of agreeing to start negotiations with the United States to allow more U.S. beef into Europe, in what could be a major move to defuse transatlantic trade tensions.

Axar.az reports citing Reuters.

The European Commission sought approval from its 28 member states at the start of September to open negotiations with Washington.

Trade experts have already given their backing, ambassadors will provide clearance on Wednesday and the approval process is set to be completed next week, EU diplomats say.

The beef issue is officially separate from a pact reached by U.S. President Donald Trump and European Commission chief Jean-Claude Juncker in July to try and ease trade tensions. Trump has pledged to reduce the United States’ $151 billion goods trade deficit with the European Union.

However, a deal to increase U.S. meat imports would affect the trade balance, as well as placating the Trump base of U.S. farmers and rural communities which have been hit by the tit-for-tat trade war with China.

Date
2018.10.09 / 17:05
Author
Axar.az
See also

Iran’s FM barred from Munich Security Conference

Conference on violence against minorities in India held in Baku

Protests, policy, and the possibility of change in Iran - Interview

Armenia awaits Russia’s response regarding railway restoration

Zangezur corridor to be realized in line with Baku's vision

US Embassy in Baku denies reports of full visa suspension

Trump says Iran has halted execution of detained protesters

Trump questions Pahlavi's ability to garner support in Iran

After Trump’s call, Iran faces uncertain future

Azerbaijan returns four captives to Armenia

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla