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EU, US Still at Odds on Tariffs, Services, Procurement in TTIP Talks

© REUTERS / Kai PfaffenbachProtesters depicting Statue of Liberty (L) and Europa on the bull take part in a demonstration against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of U.S. President Barack Obama's visit in Hannover, Germany April 23, 2016
Protesters depicting Statue of Liberty (L) and Europa on the bull take part in a demonstration against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of U.S. President Barack Obama's visit in Hannover, Germany April 23, 2016 - Sputnik International
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The European Union remains in disagreement with the United States on tariffs, services and procurement in the draft text of the controversial Transatlantic Trade and Investment Partnership (TTIP), the chief negotiators said after the 14th round of talks Friday.

The flag of the USA flutters over a hall of the Hanover Fair decorated with a banner supporting the free trade agreement TTIP (Transatlantic Trade and Investment Partnership) in Hanover, Germany April 25, 2016 - Sputnik International
EU-US Trade May Double in Case of TTIP Implementation
MOSCOW (Sputnik) – US negotiator Dan Mullaney said the sides agreed to eliminate duties on 97 percent of approximately 8,000 tariff lines, leaving up to 300 tariff lines the toughest to negotiate. The sides continued to wrangle over the 3 percent in recent rounds of negotiations.

"On market access, the European Union aims at the compatible level of ambition on tariffs, services and public procurement. We are not there yet. On tariffs, we have exchanged offers twice, which led to a very advanced stage of negotiations," EU's Ignacio Garcia Bercero told reporters in Brussels.

"To complete this work, much remains to be done this year, and, as in any, negotiations the most difficult issues are usually the last to be resolved," he stressed.

Following four-day negotiations that wrapped up earlier in the day, the much-criticized TTIP trade accord is set to contain up to 30 chapters governing market access, regulatory cooperation as well as institutional rules

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