EU-US Trade deal reached

The United States and The European Union have agreed to launch talks on a free trade pact.

According to Aljezeera, negotiations could begin as early as June of this year.

European Commission President Jose Manuel Barrosospoke at press conference yesterday.

He announced the release of a joint US-EU report recommending the trade deal.

Barroso said

the deal would set a standard for “the development of global trade rules.”

These two economies make up half the world’s economic output.

Flickr Photo by: EPP Group in the European Parliament (Officail)

STORY WRITTEN BY: CHLOE DENEUMOUSTIER