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De Gucht Warns EU That U.S. May Cut Off Free-Trade Talks

Posted October 28, 2014

Under Economic Issues, International Trade Issues

(Jonathan Stearns – Bloomberg)

Europe’s outgoing trade chief said the U.S. may break off talks on a commercial accord in early 2015 unless Europeans show a firmer willingness to include investment-protection provisions in any deal.

European Union Trade Commissioner Karel De Gucht said the EU would weaken U.S. interest in achieving the planned Trans-Atlantic Trade and Investment Partnership by carving out the investment-protection clause. He warned the EU against making the Americans feel as if they must “give in” on the matter. Read more here.