00:00Commissioner, the floor is yours.
00:02Good afternoon.
00:03As Oliver rightly pointed out over the summer and under the steer of President von der Leyen,
00:11I have maintained regular contact with my U.S. counterparts
00:15to follow up on the July agreement breached in Scotland.
00:21And today I am pleased to announce that we have crossed the finish line.
00:26We are issuing a joint statement that frames our agreement on a fair, balanced and mutually beneficial trade
00:35and investment relationship between the European Union and the United States.
00:42This carries considerable weight and is truly impactful at the time when the trade landscape has completely changed.
00:51Our transatlantic relationship is one of the largest economic partnerships in the world.
01:01And this agreement has a clear common goal, to put it on solid ground and help drive re-industrialization on both sides of the Atlantic.
01:11And we want to fully unleash the potential of our combined economic power.
01:19But this is not the end.
01:22It's the beginning.
01:24This framework is a first step, one that can grow over time to cover more sectors, improve market access and strengthen our economic ties even further.
01:36This work has been intense and essential.
01:42It brings stability and predictability to our relationship, two things that matter deeply to our businesses.
01:52It also strengthens our broader transatlantic partnership, which is more important than ever in today's complex geopolitical landscape.
02:01Let me focus on a few highlights from the joint statement.
02:07First, 15% all-inclusive tariff cap for the European Union.
02:15This is the most favorable trade deal the U.S. has extended to any partner.
02:21This is the most favorable trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of trade deal of
Commenti