Commerce Seeks More Cooperation In US-EU Trade Regs

Law360, New York (May 2, 2011, 8:48 PM EDT) -- The U.S. Department of Commerce is exploring ways to better harmonize U.S. and European Union trade regulations, according to a notice from the International Trade Administration published in the Federal Register on Monday.

The total value of bilateral trade between the U.S. and EU was $559.4 billion in 2010, and the EU accounted for 19 percent of U.S. merchandise exports that same year, making the organization of 27 member states the U.S.' largest trading partner, according to the ITA.

“Despite this extensive trade between the United...
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