EU-U.S. Summit Declaration, 3 November 2009

Sectors : International trade: market access, subsidies and aid for trade
Organisation : EU
Date made: 
Heads Of State
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Commitments in: Trade - International trade: market access, subsidies and aid for trade

“... We therefore agree:...

...– To fight protectionism together, as the world’s largest economies. We will lead by example by respecting our G-20 commitments to refrain from raising or imposing new barriers to trade and investment. We are committed to supporting efforts by the WTO and other international institutions to monitor new trade barriers with a view to increasing transparency in global trade.

– To make determined efforts to seek in 2010 the conclusion of a Doha Development Agenda agreement. We affirm our commitment to reach an ambitious, comprehensive and balanced agreement, based on the progress already made, including with regard to modalities.

– To intensify our work under the Framework for Advancing Transatlantic Economic Integration and the Transatlantic Economic Council, including through the formation of a high-level innovation dialogue, strengthened regulatory cooperation in key sectors leading to reduced barriers to trade, investment and economic activity. We aim to reach a second-stage air transport agreement in 2010 which includes benefits for both sides.”