|By PR Newswire||
|March 14, 2014 01:20 PM EDT||
WASHINGTON, March 14, 2014 /PRNewswire-USNewswire/ -- The EU's Chief Negotiator of the Transatlantic Trade and Investment Partnership (TTIP), Ignacio Garcia Bercero, today confirmed that he and his U.S. counterpart, Dan Mullaney, were committed to exploring how to make it easier for smaller firms to take advantage of the gains from the TTIP. His comments came as EU and U.S. officials ended a fourth round of week-long negotiations on an EU-U.S. trade and investment agreement.
Commenting, Mr. Garcia Bercero added that a chapter targeting small- and medium-sized enterprises (SMEs) would be 'a first for the European Union. It shows just how seriously we're taking the issue. Smaller firms employ the vast majority of people in both the EU and the US. They account for two out of every three private sector jobs in the EU. And they're the backbone of our economies, accounting for 99 percent of all businesses in the EU. TTIP would help them expand - generating jobs and growth on both sides of the Atlantic.'
The EU and U.S. also published today a document focusing on smaller firms - how they could benefit from the agreement, and how the two sides plan to help those firms do so.
This fourth round of talks came just a few weeks after EU Trade Commissioner Karel De Gucht met his U.S. counterpart, Ambassador Mike Froman, to review progress so far in the negotiations. In addition to SMEs, EU and U.S. negotiating teams spent the week discussing all three pillars of a future agreement - market access, the regulatory cluster and so-called 'rules' issues.
Steady progress in all three negotiating areas
Market access - here negotiators discussed three core elements - tariffs, trade in services and public procurement. On tariffs the EU and U.S. had already had an initial exchange of offers. On services and public procurement, negotiators examined how to move towards exchanging offers.
Regulation - negotiators were joined by a broad cross-section of experts and regulators from both sides to discuss:
- regulatory coherence and increasing regulatory compatibility;
- technical barriers to trade (TBTs), on which both sides had already made written proposals;
- sanitary and phytosanitary (SPS) measures - preparing the ground for written proposals in due course.
The EU and the U.S. also continued to explore ways of achieving greater regulatory compatibility in certain key industries: pharmaceuticals, cosmetics, medical devices, automotive, and chemicals.
Rules - discussions included three areas where negotiators are developing innovative approaches:
- sustainable development, labour and the environment - to build on what is already covered by existing EU and U.S. trade deals;
- trade in energy and raw materials - an area in which the EU wishes to include an agreed framework in TTIP;
- customs and trade facilitation - simplifying and streamlining procedures, especially important, since lengthy, complex customs clearance rules hit smaller firms the hardest and can deter entrepreneurs from selling overseas.
A full day spent with stakeholders
The European Commission is determined to listen to and get feedback from everyone with a stake in the outcome of these negotiations. We are constantly seeking to improve the way we do this - and will continue to do so. For example, in February we launched the TTIP Advisory Group, comprising experts from trade unions, industry, and consumer and environmental groups.
As part of these efforts, the EU also hosted two events on Wednesday, March 12 with civil society during this fourth round. Negotiators interacted with and listened to 90 different presenters representing business, consumer, labour and environmental groups. The presentations enabled stakeholders to engage directly and in detail with negotiators, who in turn gained invaluable insights into the issues covered.
Later in the same day, the EU and U.S. Chief Negotiators met with over 300 stakeholders for two hours. They set out their view on the current status of the talks and next steps, and answered questions.
Both the EU and U.S. Chief Negotiators reaffirmed their commitment to making steady progress in all areas of the negotiations throughout 2014. They also agreed to hold a further round of talks in Washington before the summer. The European Commission will confirm the dates as soon as these have been fixed on our dedicated TTIP webpages.
Talks on a future EU-U.S. trade deal started in July 2013 and are set to continue throughout 2014.
An EU-U.S. trade agreement would cut businesses' costs and generate enough growth and jobs to boost the EU economy by up to €120 bn. And it would do so whilst respecting both sides' environmental, labour and consumer protection standards (see this memo (13/211 for more details).
It would also give consumers access to a wider range of high-quality products and services than ever before.
The U.S. is already the EU's number one export market. A new pact would offer still further opportunities to EU companies to export to the US - and encourage U.S. firms to invest even more in Europe than they do now. By doing so, it would help generate the taxes that fund public services across the EU, from healthcare to pensions.
The agreement could benefit the rest of the world, too. Studies suggest it would give economies across Latin America, Africa and Asia a boost of up to €100 bn a year. And help to strengthen global trade related disciplines.
Find out more
Visit the EU's dedicated webpages for updates and background information about the EU-U.S. trade negotiations now underway.
Learn more about how EU and U.S. small- and medium-sized companies could benefit from an agreement: http://trade.ec.europa.eu/doclib/docs/2014/march/tradoc_152266.pdf
And follow the EU's negotiating team on Twitter: @EU_TTIP_team.
SOURCE Delegation of the European Union to the United States
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Dec. 3, 2016 05:45 AM EST Reads: 6,905
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web ...
Dec. 3, 2016 05:30 AM EST Reads: 1,194
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, shared the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Dec. 3, 2016 04:15 AM EST Reads: 3,414
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 3, 2016 04:15 AM EST Reads: 1,704
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 3, 2016 02:30 AM EST Reads: 1,518
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 3, 2016 02:15 AM EST Reads: 1,489
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
Dec. 3, 2016 02:15 AM EST Reads: 730
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 01:45 AM EST Reads: 765
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...
Dec. 3, 2016 01:45 AM EST Reads: 4,531
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 01:15 AM EST Reads: 853
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Dec. 3, 2016 12:30 AM EST Reads: 1,519
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Dec. 3, 2016 12:15 AM EST Reads: 1,752
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 2, 2016 11:15 PM EST Reads: 903
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 2, 2016 10:30 PM EST Reads: 1,730
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 2, 2016 08:30 PM EST Reads: 398