The third round of EU-US TTIP was held in Washington this week, between 16 andEU-US TTIP 20 December 2013. Negotiations for the Transatlantic Trade and Investment Partnership will, of necessity, delve into complex and technical areas that relate to regulatory compatibility.

Continuing from where they left off in the second round in November 2013 negotiators discussed, during their week-long negotiations in Washington, D.C., all the topics they want to see covered in a comprehensive trade agreement, and they received significant input from stakeholders.

Progress was made on the three core parts of the TTIP – market access, regulatory aspects and rules. This will also be the focus of the next round of talks expected in March 2014.

EU Chief Negotiator Ignacio Garcia Bercero, said that any deal reached between the European Union and the United States would uphold “the highest standards of consumer, environment, health and labor protection.”

A fourth round of EU-US trade talks for a Transatlantic Trade and Investment Partnership (TTIP) will take place on 10-14 March 2014 in Brussels. The talks will help pave the way for a future trade and investment deal which facilitates trade between the European Union and the United States.

EU Trade Commissioner Karel De Gucht recently stated that the EU and the US now start “to get into the heart of the negotiations”.