EU and US call for input on regulatory issues for possible future trade agreement
EU and US senior officials are today asking for concrete suggestions on how to make regulatory regimes more compatible across the Atlantic. Most businesses want to limit regulatory costs and red tape caused by differences in regulations, standards or conformity assessment procedures on both sides of the Atlantic. Reducing non-tariff and behind the border barriers is therefore a key issue in transatlantic trade.
The EU-US High Level Working Group on Jobs and Growth is looking into these issues and would welcome more detailed input before 31 October 2012.