Froman Pivots to Drive TTIP Support
On the heels of the U.S.’ Feb. 4 signing of the Trans-Pacific Partnership with 11 other pact nations, U.S. Trade Representative Michael Froman on Feb. 12 during a speech in Munich (here) charged forward the Obama Administration’s campaign for the…
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Transatlantic Trade and Investment Partnership, saying it can strengthen a U.S.-European Union relationship that sees $2 billion of goods traded across the Atlantic Ocean every day. “After making steady progress for more than two and a half years, we have the opportunity to bring these negotiations to a successful close. The Obama Administration is prepared to make every effort to conclude T-TIP, but to do so, we need both sides to apply the necessary political will,” Froman said. A “strong, unified and confident Europe is very much in the interest of the United States and the broader international community.”