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EU, U.S. TRADE TALKS TO RESUME Immediately after PRESIDENTIAL ELECTION

A much-debated trade deal between the European Union plus the United states of america isn't dead and negotiations will continue with all the new U.S. administration right after November's elections, EU Trade Commissioner Cecilia Malmstrom said on Saturday.

A
related agreement between the EU and Canada can finally be signed on Sunday after resistance from Belgian local governments led to a last-minute blockade with the agreement, which was seven years in the producing.

Paul Magnette, the premier of Belgium's
region of Wallonia, who led opposition to the Canadian trade deal, told his parliament on Friday that using the concessions he managed to agree, the Transatlantic Trade and Investment Partnership (TTIP) was "dead and buried."
Malmstrom
mentioned she disagreed with that assessment and operate would continue together with the new U.S. administration.

"TTIP
just isn't dead, but TTIP isn't yet an agreement," she told reporters immediately after a ceremony in Brussels, in which Belgium signed its addendum towards the Comprehensive Financial and Trade Agreement (CETA) with Canada.


"The U.S. election will naturally bring the negotiations to a pause and
we'll resume following with the new administration," she added.
Both TTIP and CETA have sparked demonstrations by unions and protest groups who say the agreements will bring about a "race to the bottom" in labor, environmental and public wellness standards and enable massive small business to challenge democratically elected governments across Europe.

Washington and Brussels
had been committed to sealing TTIP ahead of President Barack Obama leaves office in January, but each sides now recognize that this can not come about.

Some European politicians have
referred to as for TTIP talks to become halted and relaunched soon after the U.S. presidential elections with greater transparency, clearer targets plus a various name.

Malmstrom
stated lessons from the Canadian negotiations would help in producing a handle the United states.

"Some
in the experiences, some of the procedures that we have skilled with CETA, will also be reflected in our operate on TTIP," she said

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