“The main goal is to agree on removing bureaucratic, regulatory and protectionist barriers to more open trade and investment to create what would be the world’s largest free-trade area, involving 820 million people. Key focuses of the talks ahead include agricultural trade, cross-border investment, intellectual property rights and regulatory harmonization. To avoid stalling the talks, separate US-EU discussions on the NSA activities were held quietly this week at the Department of Justice. Washington will push Europe to open up to US biotechnology products like genetically modified foods, which many European consumers consider dangerous.”
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