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More than 300 individuals participated in a public forum during the fifth round of Transatlantic Trade and Investment Partnership (T-TIP) negotiations. The popular public forum has become a signature opportunity for organizations and the public to share input, receive information, and engage in conversation directly with U.S. and EU negotiators.
These conversations have steered our approach to the negotiations and we are grateful to everyone who took the time to present, ask questions, and participate. We have always felt that public input, like this, helps produce outcomes that reflect our values and unlock opportunity for American families.
Chief Negotiator Dan Mullaney and Ignacio Garcia-Becero spent most of the day listening to presentations ranging in topic from agriculture & food to environment & raw materials to regulatory issues. In many of the sessions, both negotiators took the opportunity to ask questions beyond the information provided in the presentations, underscoring the value these conversations offer.
A record number of stakeholder presenters took advantage of the opportunity to deliver presentations to U.S. and EU trade officials on the issues they cared about most. The presentations addressed a cross-section of issues including the benefits of harmonized regulations to the US and EU auto industry, the priorities of family farmers and ranchers, food safety standards, and the value of T-TIP to small and medium sized enterprises (SMEs). The more than 70 presentations throughout the day provided valuable feedback to help the US and the EU negotiate a T-TIP agreement that reflects the interests and values of our constituents. The full presentation schedule and list of organizations that were represented can be found here.
Chief US and EU negotiators hear from more than 300 individuals representing business, labor, consumer, academic, and NGO interests during stakeholder presentations
The Obama Administration has made it a tradition to host public forums as part of the trade negotiation round that allow for open and candid dialogue between stakeholders, negotiators, and senior trade officials.
The days activities concluded with a full update provided by both lead negotiators about the progress being made in the negotiations, they then answered questions for more than hour on any subject that was on the minds of those in attendance. Every questioner received a thorough answer.
The United States and the European Union are the world’s two largest economies, and currently account for almost 50 percent of global GDP and 30 percent of global trade. When completed, T-TIP will promote jobs and growth across the Atlantic, and add to the 13 million American and EU jobs already supported by transatlantic trade and investment. This round’s host state of Virginia also stands to benefit from increased economic engagement between the United States and the EU. In 2013, Virginia exported $4.0 billion to the EU, with top export markets being the United Kingdom ($996 million) and Germany ($790 million).
To learn more about the objectives and benefits for the United States in T-TIP, please click here.