EU, US trade talks seek to advance regulatory pillar

From: EurActiv.com

Set to meet in New York next week (20-24 April) for the ninth round of talks on the Transatlantic Trade and Investment Partnership (TTIP), negotiators are determined to make progress on all strands of the deal, but particularly on regulatory cooperation.

Daniela Vincenti

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Central coordination

When it comes to structuring regulatory cooperation, the Commission has submitted a proposal for a regulatory body at the last negotiating round.

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The joint body could be led at the US level by USTR and the Office of Information and Regulatory Affairs (OIRA), and on the EU side by DG Trade and the Secretariat General, analysts told EurActiv.

According to the US Chamber of Commerce, having TTIP speak to the importance of a central coordinating body could spur important regulatory reform in other countries.

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