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Daiga Auzina-Melalksne, Chair of NASDAQ Riga
The seventh round of the EU-U.S. negotiations on the Transatlantic Trade and Investment Partnership (TTIP) agreement took place in Chevy Chase, Maryland from September 29 – October 3, 2014.
On September 30, the members of the EU Business Alliance for TTIP released a statement reaffirming their support for regulatory coherence and cooperation in TTIP for both economic and strategic reasons.
The EU Business Alliance stresses that with the continuing turbulence in the world economy, the U.S. and the EU must build on the strength of their economic ties to generate jobs and growth. By ensuring that regulators are better aware and understand what their transatlantic counterparts are doing, TTIP can help avoid and overcome unnecessary regulatory differences that often make trade prohibitively expensive - especially for SMEs - while maintaining the current high levels of protection enjoyed by U.S. and EU citizens.
Further positions by members of the Business Alliance for TTIP on the regulatory component in TTIP:
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Valeria Kogan, Chairman of the Board of Smartomica