U.S. small businesses currently exporting to the European Union will have the opportunity to voice their concerns on existing EU trade barriers through a series of cross-country roundtables arranged by the Office of the U.S. Trade Representative and Small Business Administration.
The roundtables will be held as part of broader outreach efforts under the recently launched U.S.-EU Transatlantic Trade and Investment Partnership (T-TIP) negotiations. “The objective of the roundtables is to listen to and better understand small business’ suggestions on how to reduce and eliminate those barriers, and help expand U.S. small business exports to the EU,” the agencies said.
In July, the United States and European Union held the first round of T-TIP negotiations aimed at increasing jobs, economic growth, and international competitiveness on both sides of the Atlantic. The transatlantic economic relationship is already the world’s largest, accounting for one third of total goods and services trade and nearly half of global economic output, while supporting 13 million U.S. and EU jobs.
“In both the United States and the EU, small and medium businesses are critical motors of growth, job creation, and innovation. Negotiators intend to conclude an agreement that recognizes the important role small businesses play in the transatlantic relationship and enhances their ability to participate in and benefit from new trade and investment opportunities,” USTR and SBA said.
The federal government estimates there are currently about 295,000 small U.S. exporters.
T-TIP roundtables will be held Sept. 9-27 and include the cities of Detroit, Houston, Cleveland, Salt Lake City, Minneapolis, Philadelphia, Milwaukee, Los Angeles, Chicago, New York, Raleigh, Irvine, Long Island, Sacramento, Denver, Boston, Miami, Providence, Albuquerque, and Fresno.
For more detailed information, access the U.S. International Trade Commission Website here
. More information on the Transatlantic Trade and Investment Partnership is found here