President Barack Obama, European Council President Herman Van Rompuy, and European Commission President José Manuel Barroso gave this joint statement on February 13, 2013. It announced the launch of negotiations for a Transatlantic Trade and Investment Partnership, at the recommendation of a report from the U.S.-EU High Level Working Group on Jobs and Growth.
Led by EU Trade Commissioner Karel De Gucht and Unites States Trade Representative Ron Kirk, the U.S.-EU High Level Working Group on Jobs and Growth presented its final report on February 11, 2013. It recommended the launch of trade and investment negotiations between the United States and the European Union, which leaders announced they would do.
Shanker A. Singham, chairman of the International Roundtable on Trade and Competition Policy, leads a conversation on how government-imposed anticompetitive market distortions harm U.S. exports and state and local economies.
This act grants permanent normal trade relations with Russia and was signed into law on December 14, 2012. See also the Jackson-Vanik Amendment. The U.S. Treasury Department releases sanctions under the Magnitsky Act, which bans specific Russian citizens from entering the United States. The Russian Foreign Ministry recently released a list in response, banning specific U.S. citizens from entering Russia.
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