US Mission Geneva

“I welcome President Obama’s decision with the Leaders of the European Union to pursue an ambitious, high-standard Transatlantic Trade and Investment Partnership

Economic ties between the United States and the European Union account for half of the world’s economic output and nearly $1 trillion, or one-third, of the global trade in goods and services.

The United States and the European Union will each initiate the internal procedures necessary to launch negotiations on a Transatlantic Trade and Investment Partnership

The United States is very disappointed that Russia has taken action to suspend all imports of U.S. meat, which is produced to the highest safety standards in the world.

The U.S. Department of Commerce reported that the U.S. gross domestic product (GDP) shrank at an annualized rate of 0.1 percent during the last quarter of 2012, according to its initial estimate, citing a reduction in U.S. government spending, private inventory investments, exports and state and local government spending.

The United States provided a status report in this dispute on January 17, 2013, in accordance with Article 21.6 of the DSU.

The negotiations will begin in Geneva, Switzerland, with a group of 20 trading partners, who represent nearly two-thirds of global trade in services, with the objective of promoting international trade in services and supporting increased U.S. service exports and jobs.

The United States provided a status report in this dispute on December 6, 2012, in accordance with Article 21.6 of the DSU.

Ukraine had not yet withdrawn its Article XXVIII notification. We still hope that they will do so.