Major Hurdles Still Remain in Trans-Atlantic Trade Talks
James Kanter, New York Times, 02.06.2014
When President Obama announced plans for a wide-ranging trans-Atlantic trade pact early last year, it was welcomed by European Union leaders as a debt-free way to boost economic growth in a region encompassing about half of the global economy. [...]
Those concerns were reflected in elections in late May for the European Parliament, in which parties opposed to many European Union initiatives, notably on trade, won a stronger presence.
To win over the Parliament, which has vetoed international accords in the past, European negotiators could face intense pressure to demand so many concessions from the United States that negotiations will fail, said Janis A. Emmanouilidis, the director of studies at the European Policy Center, a research organization. “How interested will the U.S. be if we come up with certain positions which they cannot agree on?” he said. [...]
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