EU official hopeful for trade deal under Trump presidency
WASHINGTON – A senior European Union official is expressing hope that the new U.S. presidential administration will continue talks on a comprehensive free trade agreement with Europe.
EU Ambassador to the U.S. David O’Sullivan told a conference in Washington on Wednesday that he hopes that negotiations on the Trans-Atlantic Trade and Investment Partnership will go on despite President-elect Donald Trump’s negative comments on trade. Trump has spoken out against trade deals during the presidential campaign.
The Obama administration has been negotiating the agreement, also known as TTIP, for three years. TTIP aims to remove barriers to trade between the world’s two largest economies, to boost economic growth and employment and harmonize standards.
O’Sullivan said: “We still think the objective arguments… in favour of a good trans-Atlantic deal remain valid.”
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