EU parliament trade chief Bernd Lange says good progress has been made on EU-US trade deal legislation but more work remains, with the next trilogue set for May 19 in Strasbourg.
Summary: European Parliament trade committee chair Bernd Lange said negotiators have made good progress on legislation underpinning the EU-US trade agreement but acknowledged there is still some way to go, per a European Parliament statement on Wednesday A second round of talks between the Parliament and EU governments narrowed differences on key elements including a safeguard mechanism and provisions covering how the agreement will be reviewed and evaluated, according to the same statement The next trilogue session is scheduled for May 19 in Strasbourg, per the European Parliament Lange reaffirmed the Parliament’s commitment to defending its mandate to secure additional guarantees benefiting citizens and companies in both the EU and the United States, according to the statement The update follows a separate push by EU trade commissioner Maros Sefcovic, who met U.S
Trade Representative Jamieson Greer in Paris earlier this week to press for a swift return to the Turnberry tariff terms , meaning a 15% all-inclusive rate with agreed EU carve-outs, per the European Commission The EU has described it as mutually beneficial for the deal’s main features to be in place ahead of the agreement’s one-year anniversary at the end of July, according to the Commission Negotiations on the legislative framework underpinning the EU-US trade deal have advanced but remain unfinished, the European Parliament’s chief trade negotiator said on Wednesday, with the next round of talks scheduled for May 19 in Strasbourg. Bernd Lange, who chairs the Parliament’s trade committee, said a second trilogue session with EU governments had brought the two sides closer on a number of contested provisions, including a safeguard mechanism and the terms under which the agreement will be subject to review and evaluation….