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Statement by U.S. Trade Representative Froman on the Conclusion of the Fifth Round of T-TIP Negotiations

Washington, D.C. – United States Trade Representative Michael Froman issued the following statement at the conclusion of the fifth round of Transatlantic Trade and Investment Partnership (T-TIP) negotiations:

“The fifth round of the Transatlantic Trade and Investment Partnership (T-TIP) negotiations were productive. We’ve moved from discussing a conceptual framework to defining specific ideas for addressing the majority of the negotiating areas. We are looking to advance the remaining areas soon. There is a lot of work ahead of us, but we are making steady progress and we have a firm understanding of the key issues that need to be resolved. It is critical that we keep our eye on the goal of an ambitious and comprehensive agreement that makes our economies stronger and unlocks opportunities for American families.

“Like previous rounds, U.S. and EU negotiators paused mid-round to interact directly with several hundred individuals at an open public forum during which a record number of stakeholders, including consumer, labor, and environmental representatives and members of the academic and agriculture community, made formal presentations.  These conversations contribute to the development of our policies and help steer our approach to these negotiations.

“We are committed to deliver an agreement that is driven by the values that define and build upon our strong transatlantic economic relationship.”

For more information on the Transatlantic Trade and Investment Partnership (T-TIP), please visit www.ustr.gov/ttip