Should investors be able to sue governments? That issue is up for debate right now in the ongoing negotiations between the EU and the US over a free trade deal.
US Commerce Secretary Wilbur Ross has told a Berlin audience that the US remains open to a free trade pact with the EU. German Chancellor Angela Merkel welcomed the proposal, but chided the Trump administration on trade.
Tokyo and Brussels have agreed a free trade accord, opening up the EU to Japanese cars and Japan to European cheese. Japan's economy meanwhile has recorderd its longest uninterrupted growth since 1994.
The EU and the 10-member bloc of Southeast Asian states are to put a trade pact back on the agenda after a 7-year hiatus. Currently only Singapore and Vietnam have free trade deals with Europe.
Amid rising anti-globalization sentiment, the EU-Canada trade pact has moved a step closer to reality after the EU trade committee gave its backing. MEPs see the deal as a symbolic show of support for open markets.
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