AGRIBUSINESS: Bilateral E.U. Trade Deal Hits Roadblock
The bilateral Transatlantic Trade and Investment Partnership negotiations between the United States and the European Union have hit a snag.
The E.U. is partially suspending negotiations with the U.S. to hold a three-month public consultation which will begin in March. E.U. Trade Chief Karel De Gucht said some Europeans are concerned about investment rules in the proposed deal.
A spokesperson for the E.U. said the overall negotiations are still set to wrap up by the year’s end with a high level meeting in Washington sometime mid-February. There will be another negotiation round in March scheduled to proceed as planned.