Obama Administration Cancels 2nd TTIP Negotiating Round
The Obama Administration canceled the second round of negotiations for the Transatlantic Trade and Investment Partnership in Brussels, previously slated to take place Oct. 7-11, due to the on-going government shutdown. The pact remains an economic priority for the administration,…
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U.S. Trade Representative (USTR) Michael Froman told his European Union counterpart, according to an Oct. 4 press release. “Financial and staffing constraints related to the shutdown make it impossible to send a full team of negotiators,” said the release. “USTR will work with the Commission to craft an alternative work plan that can begin once the U.S. government shutdown ends.” Email ITTNews@warren-news.com for a copy of the release.