Off the wire
• Armed gunmen attack Ugandan troops on evacuation mission in South Sudan  • Zambia seizes 20,000 bags of maize  • Critical mass pivotal to resume Syria peace talks: UN envoy  • 1st LD: Lao PM voices support for China's stance on South China Sea arbitration  • Premier Li encourages young people to learn skills  • Messaging app maker Line debuts on NYSE  • Roundup: British central bank keeps interest rate on hold, beating expectations  • Zimbabwean nationals urge government to address dire economic situation  • Urgent: Lao PM voices support for China's stance on South China Sea arbitration  • Xinhua world news summary at 1600 GMT, July 14  
You are here: 　 Home

EU publishes proposals to simplify technical regulations for TTIP

Xinhua, July 15, 2016 Adjust font size:

The European Union (EU) on Thursday published nine proposals representing the EU's negotiating position to simplify technical regulations in the trade deal of Transatlantic Trade and Investment Partnership (TTIP) with the United States.

The Commission said it made these proposals public only days after submitting them to the negotiating partners in a bid to pursue a more transparent trade and investment policy.

The EU stressed that the proposals are intended to simplify technical regulations "without lowering standards" and to set global rules of trade.

And the published texts represent the EU's negotiating position on regulatory cooperation in the sectors of cosmetics, medical devices, cars, chemicals and textiles.

Analysts predicted that the ongoing 14 round TTIP negotiation focusing on regulatory cooperation in Brussels wouldn't make breakthrough because the two sides were stuck on agriculture, services, and public procurement chapters.

Many believed the trade deal negotiations wouldn't be concluded by the year 2016, because of Washington's reluctance to make concessions. Endit