May gearing up to be busy month for trade

“We’re going to see movement on TTIP,” predicts one of the pact’s leading advocates in the US Congress

Édition Pouvoirs
Brian Beary
03 mai 2015 à 16h40
Congressman Erik Paulsen and Professor Dan Hamilton — Brian Beary

Speaking on 30 April at the launch of 'Transatlantic economy' , an annually updated study of trade and investment flows between Europe and the US, Congressman Erik Paulsen (Republican, Minnesota) said there would be “a lot of legislative activity on the House and Senate floor” in May. Republicans are poised to make a final push to enact the so-called fast-track bill that will let President Barack Obama present future trade deals to Congress for a single up or down vote.…

Meetings and timelines

Trade Commissioner Cecilia Malmström was to meet US Trade Representative Mike Froman in Washington on 4 May to talk TTIP. A ministerial session – possibly a deal-finalising one – among ministers from the 12 TPP partner countries is scheduled for 26-28 May in the Philippines. The tenth round of TTIP talks will take place in Europe before the summer break. Given how less advanced TTIP talks are, having begun in July 2013, trade sources say the most optimistic scenario for concluding them is by the end of the Obama presidency, in January 2017.
par Brian Beary

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