Doorstep by José Manuel Barroso on the Transatlantic Trade and Investment Partnership
End production: 12/03/2013 First transmission: 12/03/2013
On 12 March 2013, José Manuel Barroso, President of the EC made a declaration on the recommendation to the Council to authorise the launch of negotiations on a Transatlantic Trade and Investment Partnership between the EU and the United States, agreed by the European Commission.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Soundbite by José Manuel Barroso, President of the EC (in ENGLISH): Today we've made important progress on what I believe is a game changer, not only in transatlantic terms, but for the world in terms of trade.
We have agreed on a draft negotiating mandate for the Transatlantic Trade and Investment Partnership.
Now I hope that the Member States will give the Commission the mandate to negotiate as soon as possible. We would like to start negotiations this summer. And I think the benefits for Europe and for America are really very impressive.
According to a study just published today, 80% of the gains [from this deal] can come from reducing the regulatory burden and bureaucracy, and it's an agreement that goes well beyond tariffs, it also covers services and procurements. So it's an agreement of a new type that I believe can be of extreme importance for Europe, for the United States and for global trade.