U.K. official: Trade talks between U.S. and Europe moving at "breakneck speed"

12/19/2013 | Plastics & Rubber Weekly (U.K.)

Negotiations on the Transatlantic Trade and Investment Partnership between the U.S. and the EU entered their third round this week, signaling quick progress. "As far as trade negotiations go, a launch and three negotiating rounds in seven months is operating at breakneck speed, reflecting the deal's ambitious two-year timescale and its strong political and business backing," said Lord Livingston, the U.K.'s minister for trade and investment. The trade deal has "the potential to be the biggest free trade agreement ever, and will make exporting cheaper and easier for businesses of all sizes and regions on both sides of the Atlantic," he added.

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