USTR Says Lining Up Regulations Is Key In EU Trade Talks

Law360, New York (September 30, 2013, 4:09 PM EDT) -- U.S. Trade Representative Michael Froman on Monday called on the U.S. and European Union to use a potential free trade agreement to streamline safety, environmental and other protections, saying that differences in the governments' approach to regulation have hindered economic cooperation.

Speaking at the German Marshall Fund in Brussels, Froman said the proposed Transatlantic Trade and Investment Partnership between the U.S. and EU presents the chance to raise standards that would eventually strengthen the world's overall trading system. He added, however, that the EU and U.S. have often taken different tacks toward regulation and that the TTIP should be used to...

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