McCain advocates FTA with EU
Posted by SCapozzola on April 9th, 2008
Republican presidential candidate John McCain said the United States should build on the North American Free Trade Agreement by negotiating a new free-trade deal with the 27 member states of the European Union.
“I am an unashamed and unabashed defender of NAFTA. I am an unabashed supporter of free-trade agreements. In fact, it would be interesting … to have a free-trade agreement between ourselves and the European Union,” McCain said in a speech to the World Affairs Council.
The United States and the EU already have low tariffs on most of the manufactured goods that cross the Atlantic. However, the U.S. and Europe have opted to deal with contentious agricultural issues within the context of World Trade Organization’s Doha Round of trade talks, rather than negotiate a bilateral trade deal that would phase out tariffs on each other’s farm goods.
-From ‘Pacific Shipper’
##
