U.S, Europe vow to finalize new trade pact

The U.S. and EU are determined to finalize a new trade pact within two years, FT.com reports.

“The idea for a transatlantic trade pact, touted by U.S. president Barack Obama during his State of the Union address on Tuesday night, has been discussed for decades. But U.S. and European politicians are now desperate to present voters with tangible plans to revive growth and create jobs, while forging a united front in the face of competition from China and other emerging markets,” the report explains.

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Staff

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