In his keynote speech at the multi-stakeholder conference organised in Brussels by the Transatlantic Consumer Dialogue (TACD) to discuss what is at stake for consumers in the framework of the negotiations on the Transatlantic Trade and Investment Partnership (TTIP), Commissioner Mimica highlighted the benefits which the TTIP would bring consumers, while underlining that these would not come at the expense of consumer safety or an erosion of standards.
He expressed his view that TTIP negotiations should confirm the EU’s and US’s mutual commitment to key values and best practices in order to create a common market space that would benefit consumers.
Commissioner Mimica said: " Our standards of global excellence and leadership should be the basis on which we can build without compromising our high levels of health and safety standards and consumer protection. Let us be clear, a weakening of consumer protection would not serve the interests of citizens or societies on either side of the Atlantic. EU and US consumers want strong levels of consumer protection. We must therefore make sure that consumers benefit fully from the agreement whilst remaining properly and fully protected