Press Release: 3348th Council meeting Foreign Affairs Trade – Brussels, 21 November 2014

Author (Corporate)
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Series Details PRES/14/598 (21.11.2014)
Publication Date 21/11/2014
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Main results of the Council

The Council adopted conclusions reviewing the priorities of the EU's trade agenda for the next five years. It reiterated the EU's determination to promote free, fair and open trade in a spirit of reciprocity and mutual benefit. It welcomed the breakthrough that should lead to full implementation of the WTO's 'Bali package' and open the way towards the conclusion of the Doha Development Agenda.

'The Italian presidency encouraged a debate on the strategic horizon within which we will move in the coming years', said Carlo Calenda, Italy's deputy minister for economic development, in charge of trade. 'All the EU's policies should contribute to reaching the goals of growth employment and competitiveness. This is all the more true for trade policy.'

The Council also adopted conclusions on the 'transatlantic trade and investment partnership' with the United States, highlighting the potential for an ambitious agreement, and the opportunities it would provide for households and companies in both the EU and the US.

'We are happy that the Foreign Affairs Council endorsed the presidency proposal to have specific conclusions on TTIP', said Mr Calenda. 'This is a clear political signal to the US administration, after EU and US leaders met at the G20 Brisbane summit to reaffirm our commitment to the negotiations and call for decisive progress over the coming year.'

Source Link http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/EN/foraff/145922.pdf
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