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An advisory committee commissioned by the British government wants UK negotiators in talks with the U.S. to seek provisions on intellectual property that are more stringent than what Washington has agreed to in previous trade agreements, according to a briefing document obtained by Inside U.S. Trade.
The administration of British Prime Minister Boris Johnson is eyeing a unilateral rewrite of some of its obligations in the withdrawal bill agreed between the United Kingdom and the European Union earlier this year, an effort likely to jeopardize Democratic congressional support for a U.S.-UK trade deal.
Executive Vice President Valdis Dombrovskis, tapped to serve as trade commissioner, said the EU views the agreement “as an important step towards improving our relationship and resolving outstanding disputes.”
The former Latvian prime minister is slated to remain the Commission’s executive vice president.
Fox, the UK’s candidate for WTO director-general, said he had the support of a number of countries – including the U.S.
U.S. and United Kingdom negotiators will look to make progress on difficult issues in upcoming trade negotiating rounds, including agriculture and food products, procurement and trans-Atlantic business mobility, a source close to the talks told Inside U.S. Trade -- though the U.S. election in November looms as a potential obstacle.
A fifth round, the last before the U.S. election, is likely to start in mid-October.
Jeffrey Gerrish, who until last month was the deputy U.S. Trade Representative for Asia, Europe, the Middle East and industrial competitiveness, said the U.S. and China to date have been able to resolve a slew of issues at the technical level without resorting to their phase-one deal’s enforcement mechanism.
“Any time you have new people coming in, there is an opportunity to have a restart.”
The U.S. on Friday said it intends to begin a “new process” to resolve longstanding World Trade Organization disputes with the European Union over aircraft subsidies and “ensure a level playing field.”
The World Trade Organization needs a proactive director-general who will “diplomatically push” members to move forward on the paralyzed Appellate Body, according to the Tudor Ulianovschi, the Moldovan candidate for the job.
Vice President Valdis Dombrovskis is the former prime minister of Latvia.
European Union Trade Commissioner Phil Hogan resigned on Wednesday amid increasing controversy surrounding his breach of Irish pandemic restrictions in attending a golf society event last week.
The Bangor Daily News says an “eighth-generation lobsterman” will speak to delegates “as President Trump prioritizes Maine and its most iconic industry in an election year.”
What the World Trade Organization needs is not only an “active, dynamic” leader who can shepherd the institution out of the past and into reform, but also one with courage who can resist further politicization, according to former Moldovan Foreign Minister Tudor Ulianovschi, who is the country’s candidate for director-general.
The tariff-reduction deal announced last week by the U.S. and the European Union is a testament to the advocacy of Sen. Susan Collins (R-ME) and other Maine lawmakers, a top U.S. trade official said on Monday, calling the accord a “great result that hopefully will yield further agreement.”
The U.S. and the European Union on Friday announced a tariff agreement aimed at increasing trans-Atlantic market access, calling it the first such deal between Washington and Brussels in more than two decades.
The U.S. and European Union should be working to resolve their longstanding World Trade Organization disputes over aircraft subsidies before China’s “fully subsidized” aircraft flood the market in the near future, EU Ambassador to the U.S. Stavros Lambrinidis said on Wednesday, calling China’s plans the “real security threat.”
Fox says the rising tide of unilateralism and protectionism will disproportionately impact women.
European Trade Commissioner Phil Hogan and British Trade Secretary Liz Truss on Thursday lauded the Office of the U.S. Trade Representative’s decision not to further increase tariffs on European goods as it reviewed its retaliatory action imposed in response to subsidies EU member states provided to Airbus, though they reiterated opposition to ongoing duties.