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Transatlantic Trade and Investment Partnership
  • USTR Froman and European Trade Commissioner Malmström meet in Brussels on March 20, 2014. Photo: European Commission

    Froman and Malmström Discuss Public Services, Trade

    In Brussels on March 20, USTR Froman and European Trade Commissioner Malmström confirmed that EU and US trade agreements do not impede governments' ability to adopt or maintain regulations to ensure the high quality of services and to protect important public interest objectives, such as the protection of health, safety, or the environment.

    ALSO:  Video

LATEST ON T-TIP

  • USTR Froman Speaks on TPP, T-TIP Before the National Council of Textile Organizations

    Through T-TIP, we’re seeking to obtain fully reciprocal access to the EU market for U.S. textile and apparel products, supported by effective and efficient customs cooperation and other rules to facilitate U.S.-EU trade in textiles and apparel. 

  • EU and U.S. Issue Joint Statement on Public Services, Trade Agreements

    Ambassador Froman and Commissioner Malmström confirmed that EU and U.S. trade agreements do not impede governments' ability to adopt or maintain regulations to ensure the high quality of services and to protect important public interest objectives, such as the protection of health, safety, or the environment.   »

  • Ambassador Gardner Speaks at Bruegel Roundtable on T-TIP

    T-TIP is about providing consumers with more choice and better products at lower cost; it is about growth and jobs necessary to provide work for the unemployed, to fund pensions and pay for the health, safety and environmental protections our citizens demand; it is about providing business, especially SMEs, greater opportunity to export and to have access to cheaper inputs.  Video »

  • U.S. Investment Treaties: Working For Investors and Government

    A key aspect of ensuring the fair treatment of investors is having strong investor-State Dispute Settlement (ISDS) provisions, which allows for the fair and efficient resolution of disputes, says Deputy Assistant Secretary Kubiske. In the days before BITs, disputes frequently became tense bilateral diplomatic issues. ISDS has served to depoliticize investment disputes. 

  • White House Blog: Investor-State Dispute Settlement (ISDS) Questions and Answers

    Over the last 50 years, 180 countries have entered into more than 3,000 agreements that provide investment protections, the vast majority of which have some form of neutral arbitration. European countries are party to more than 1400 of those agreements. The U.S. is party to about 50. 

  • Europolitics Interviews Ambassador Gardner on Ukraine, T-TIP, More

    I’m confident we will see at the next round in early February, and following this round, some concrete proposals to show the public that the fresh start is indeed fresh and that we are making progress. 

  • USTR Froman, Trade Commissioner Malmstrom Discuss Next T-TIP Steps

    We just finished a very good set of discussions where we reviewed the state of the negotiations to date and reaffirmed our commitment to an ambitious, comprehensive, high standard T-TIP, USTR Froman said after a December 8 meeting with Trade Commissioner Malmstrom. 

  • Secretary Kerry: T-TIP Aiming for High Standards

    This is an agreement which seeks to raise practices in trade to the highest common denominator, not the lowest, the Secretary said in Brussels on December 3. 

USTR PRESS RELEASES

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WEEKLY COUNTRY PROFILE: Spain

  • Spain flag

    In 2012, Spain had a Gross Domestic Product of $1.3 trillion dollars and a per capita income of $28.7 thousand dollars.  In 2010, Spain was the eleventh largest investor in the U.S. and is the sixth fastest growing source of FDI in the United States.  Spanish companies succeeding in tapping into opportunities in the United States especially in the energy, environmental, infrastructure, banking sectors and others.

     

  • In 2013, Spain exported $11.7 billion dollars of goods to the United States. Total Spanish foreign investment in the U.S. in 2012 was $47.4 billion.

  • In 2013, the U.S. had $10.2 billion dollars in exports to Spain. 2012 U.S. foreign direct investment in Spain was $31.4 billion.

U.S.-EU Trade Stats

  • Icon for Jobs
    5 million EU jobs were supported by exports to the U.S. in 2008.
  • Icon for Trade
    Transatlantic trade represented 30% of global GDP in 2012.
  • Icon for Agriculture
    U.S. exported $9.9 billion in agricultural products to the EU in 2012.
  • Icon for Investments
    62% of U.S. Foreign Direct Investment comes directly from the EU.
  • Icon for Pharmaceuticals
    Pharmaceuticals accounted for 10% of U.S. imports from the EU in 2012.
  • Icon for Investments
    U.S.-EU investments in each others’ economies reached $3.7 trillion in 2011.