February 6, 2013
THE UR'S REPUBLICAN LEGACY:
Indonesia says EU-U.S. trade deal could revive global talks (Robin Emmott, Feb 5, 2013, Reuters)
Posted by Orrin Judd at February 6, 2013 8:56 PMEfforts to agree a U.S.-EU trade pact could spur the rest of the world to revive global talks for fear of being sidelined in the emerging shape of global commerce, Indonesia's candidate to head the World Trade Organisation said.The United States and the European Union are expected to launch negotiations this year towards a free-trade deal that would encompass a third of global trade. That would give Washington and Brussels the potential to set rules on issues ranging from investment to the environment when countries do business."The U.S.-EU deal will be a catalyst," Mari Pangestu told Reuters in an interview in Brussels this week. "Others will see the momentum and they won't want to be overtaken by events," she said during a European tour to rally support for her bid to succeed WTO chief Pascal Lamy, who steps down in August.
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