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Friday, January 1, 2016

World trade security

With European trade deal unfinished, Obama to head to Germany in the spring

President Obama will head to Hanover, Germany in late April to attend a trade fair, the White House announced Wednesday, part of the administration's push to secure a European trade deal before he leaves office.
Obama will participate in the Hannover Messe, the world’s largest trade show for industrial technology, and will meet with German Chancellor Angela Merkel during his visit. Administration officials are hoping to make progress on the Transatlantic Trade and Investment Partnership (TTIP), negotiations between the United States and the European Union that have taken a back seat to the recently-forged Trans Pacific Partnership (TPP). That trade deal encompasses a dozen Pacific Rim countries, including the United States, and it remains unclear whether negotiators can conclude TTIP talks during Obama's final year in office.

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