Feb 23 • 20:05 UTC 🇭🇷 Croatia Narod.hr

EP: Voting on the ratification of the trade agreement with the USA postponed

The European Parliament's Committee on International Trade has postponed voting on the ratification of a trade agreement with the USA due to recent developments following a decision by the US Supreme Court.

The European Parliament's Committee on International Trade has decided to postpone the vote on the ratification of the trade agreement with the United States. The decision, made on Monday, comes as representatives from various political groups, known as shadow rapporteurs, gathered to discuss the implications of a recent ruling by the US Supreme Court that raised new uncertainties over the agreement. The vote was originally scheduled for the following day, but the committee members felt that it was imperative to first address the legal and diplomatic consequences of this ruling before proceeding.

Committee Chair Bernd Lange, a German Social Democrat, stated that it is essential to restore clarity, stability, and legal security in the trade relations between the EU and the US. The members of the committee, representing a majority, unanimously agreed to delay the discussions on the two files related to the trade agreement until a more stable context is established. Lange’s comments highlight the delicate nature of transatlantic trade relations and the need for careful deliberation in light of recent judicial developments in the US.

This postponement reflects a broader trend of uncertainty affecting international agreements, where legal rulings can have significant impacts on trade negotiations. As both the EU and the US navigate their respective political landscapes, the delay in ratification could lead to further complications in their economic relationship, affecting not just trade patterns, but also broader diplomatic ties. The outcome of these discussions will be crucial for future EU-US trade policy and may influence negotiations on other bilateral issues as well.

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