ACC: TTIP discussions on regulatory practices signal future of trade agreements

03/12/2014 | Bloomberg Government (subscription required)

The regulatory policies under negotiation for the U.S./EU Transatlantic Trade and Investment Partnership signal the future of trade agreements, said Greg Skelton, senior director of international regulatory and technical affairs for the American Chemistry Council. Countries have taken strides to reduce tariffs and other barriers, leaving regulatory practices as the main obstacles to trade. As TTIP negotiations progress, ACC seeks "high standards of protection for human health and the environment while improving the ways that chemicals are regulated," it said.

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