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TRADE in ACTION

Photo source: @EU_TTIP_team
13 Reasons Why Breaking Up With The (E)U Is Hard To Do
"So you broke up with the EU? You have a blank space and you’re wondering if you’re ever ever getting back together? Never fear, Taylor Swift is here to walk you through your Brexit."

The outcome of the British referendum brings up a lot of questions about the future of the country, the future of the European Union, their relationship to each other, and next steps. For a not so serious but seriously entertaining guide on Brexit, check out this new Atlantic Council Buzzfeed article

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The Atlantic Council’s EuroGrowth Initiative "talked TTIP" with European Trade Commissioner Cecilia Malmström on June 29. (Left to right: Joe Schatz, Editor, Politico Pro Europe Brief; Cecilia Malmström, European Union Trade Commissioner; Richard L. Trumka, President, AFL-CIO; Laura J. Lane, President, Global Public Affairs, UPS)

A special thanks to European Trade Commissioner Cecilia Malmström for joining us today in Washington, DC for a stock taking of TTIP negotiations ahead of the 14th round of negotiations on July 11-15 in Brussels.

The Commissioner made clear that the outcome of the British referendum does not stall TTIP negotiations. In fact, she suggested that if at all, the British vote to "leave" the European Union only made TTIP all the more important. Coming from a meeting with US Trade Representative Mike Froman, she reassured the audience that both sides of the Atlantic are still committed to getting a deal done in 2016. However, she made clear that there will be no "TTIP light" and insisted that -once concluded- an ambitious TTIP will not only uphold high standards across the Atlantic but also eventually raise standards globally. For coverage of the event by US NEWS read further here

Did you miss the event? You can access the C-SPAN video here. Read her speech here

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Please join the Atlantic Council’s EuroGrowth Initiative for a conversation with European Trade Commissioner Cecilia Malmström, on Wednesday June 29, 2016 from 1 p.m. to 2:15 p.m. in Washington, DC for a stock taking of TTIP negotiations ahead of the 14th round of negotiations in July 2016.

Panelists:
H.E. Cecilia Malmström, European Commissioner for Trade, European Commission
Ms. Laura J. LanePresident, Global Public Affairs, UPS
Mr. Richard L. TrumkaPresident, American Federation of Labor & Congress of Industrial Organizations
Moderated by Mr. Joe SchatzEditor, Politico Pro Europe

Register for the event here. Not in Washington DC? Join us via webcast!

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The Atlantic Council's Global Business & Economics Program's latest EconoGraphic "Britannia, Rule the Trade!" analyzes the benefits of Britain's accession to the European Union, and the negative effects a "Brexit" would have on the British economy. 

If you missed last week's new Atlantic Council publication "To Brexit or to Bremain- That is the Question", make sure to read it before the referendum!

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German Chancellor Angela Merkel openly stated for the first time that if Britain decides to leave the European Union, its negotiating power in Europe will be significantly weakened.

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European Trade Commissioner Cecilia Malmström and US Trade Representative Michael Froman participated in a seminar on TTIP with representatives of Swedish unions and firms in Stockholm earlier this week.

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President Obama Hosts Summit of Nordic Leaders at White House- This week President Obama hosted the the heads of state from the Nordic Countries to discuss global issues, trade, and areas of cooperation between the United States, Norway, Sweden, Finland, Iceland, and Denmark. (The National Law Review)

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Merkel Says Working for US - EU Trade Deal this Year
Ahead of the G-7 Summit in Japan later this month, Japanese Prime Minister Abe visited German Chancellor Angela Merkel in Berlin. The two leaders held a press conference after their private meeting, during which Chancellor Merkel said, "we will do everything possible to negotiate the transatlantic agreement this year." - (Reuters)

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The 13th round of TTIP negotiations took place last week in New York. The next round is expected to take part at the end of July in Europe, in an effort to complete negotiations during the Obama administration.

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President Obama gave the opening speech for the Hannover Messe Trade Fair earlier this week.  The next morning, he gave joint remarks with Chancellor Merkel about the US-German trade relationship  before touring the event.

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