The European Committee of Domestic Equipment Manufacturers (Ceced), that represents the domestic appliances sector in Europe, commends the European Commission and the US administration for moving ahead in the TTIP negotiations.
The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement that is currently being negotiated between the European Union and the United States of America.
It aims at removing trade barriers in a wide range of economic sectors to make it easier to buy and sell goods and services between the EU and the US.
The Committee hopes for a successful conclusion of a meaningful agreement, especially regarding technical standards and product requirements. «Due to the notable differences between the EU and US standards systems – it is written in Ceced website – our sector often faces the situation that two different products have to be developed, each according to the respective standards and requirements. Ceced understands that finding a possible solution for this in TTIP is both difficult and inherently complex. Nevertheless, we believe that it is crucial for an ambitious TTIP agreement to include the harmonization of technical standards and product requirements.»
