Standards and Compliance

Can thousands of regulations be harmonized?

Last summer, the European Union (EU) and the US took the first steps to establish a partnership between the two markets that together account for almost half the world’s economy. Teams of negotiators met in Washington to talk about how best to take the Transatlantic Trade and Investment Partnership (TTIP) forward, and even though the second round of negotiations was canceled due to pressing political issues, both sides expressed a firm commitment to the TTIP process.