US Will Seek Services Trade Deal, Says Trade Rep

Law360, New York (January 15, 2013, 3:22 PM EST) -- The United States said Tuesday it plans to begin negotiating a trade agreement with the European Union, Japan and others to remove international barriers to global services trade.

The talks will include 18 other trading partners, including Australia, Canada, South Korea and Mexico, a group that accounts for two-thirds of services trade volume, according to a letter from United States Trade Representative Ron Kirk to Congress.

Kirk said U.S. companies sold $1.7 trillion in services to foreign buyers in 2011 — making the country the world's...
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