President Barack Obama officially announced, on 12 February, at his annual “State of the Union” address the launch of negotiations for an EU-US free trade
agreement (FTA). His announcement is an important attempt to increase EU-US trade, investments and regulatory convergence leading to a much-needed boost in economic growth, international competitiveness and job creation, on both sides of the Atlantic.
"CLEPA fully welcomes President Obama's intention to launch a comprehensive Transatlantic Trade and Investment Partnership with the EU” said Mr Jean Marc Gales, CLEPA CEO.