Long Road Ahead for US-EU Trade Deal Legislation
Bernd Lange, the chair of the European Parliament's trade committee, recently indicated that while lawmakers have made headway in aligning positions on implementing the transatlantic trade agreement, substantial work remains before a final legislative consensus can be reached.
Negotiation Progress and Outstanding Issues
Lange highlighted that the second round of talks with EU national governments helped narrow gaps on several proposed rules, particularly concerning:
- Safeguard measures: Discussions focused on mechanisms to enact protective actions under specific circumstances.
- Agreement review clauses: Preliminary frameworks were established for periodically evaluating the deal's implementation.
However, finalizing critical details continues to pose challenges.
Next Steps in the Process
As confirmed in a European Parliament statement, negotiators are scheduled to reconvene in Strasbourg on May 19 to further harmonize legislative texts and address remaining obstacles to the agreement's enactment.