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UE-EU TRADE DEAL

TRADE

France won’t sacrifice famous cheeses and Champagne for US trade deal

France will never sacrifice its labels such as Champagne and Roquefort as part of any future trade deal between the European Union and the US, says the country's president.

France won't sacrifice famous cheeses and Champagne for US trade deal

President François Hollande vowed Tuesday to defend French labels such as Champagne or Roquefort cheese in any future
US-European Union trade pact.

Underscoring his reticence to rush into a deal, Hollande said an agreement would have to protect the geographical names that are the source of many of France's best known agricultural exports.

“There can be no question of sacrificing our interests to get a deal. Our labels are our heritage,” said the French leader, who has already promised to protect his country's farming sector in any deal.

The European Union and United States are thrashing out plans for a vast free-trade zone, unifying rules and slashing tariffs to create a combinedmarket of 850 million people.

President Barack Obama has pressed for the Transatlantic Trade and Investment Partnership to be agreed by the end of the year.

But support for the accord on both sides of the Atlantic appears to be diminishing.

Many activists and professional organisations have lined up against provisions of the pact ranging from food safety to environmental protection, intellectual property rights, the protection of farmers, or the sovereignty of governmental decisions.

One key point in negotiations is the European system of protecting geographically-based product names such as France's Champagne, Roquefort and Camembert or Italy's Gorgonzola cheese.

The United States does not recognise the system, relying instead on trademarks to provide brand protection.

US Trade Representative Michael Froman, speaking in Stockholm, said he was holding out for a deal that satisfied all parties.

“We in the United States very much value European products, French products, and we want to make sure that they have an opportunity to have access to our markets as we want to have access to European markets,” he told a joint news conference with EU trade chief Cecilia Malmstroem.

Malmstroem said the negotiations were difficult, but there was still hope for a deal.

“We think there is still a chance, and we are working in that direction, to do everything we can to achieve this agreement before the end of the year. It is difficult, but it is what we strive for,” she said.

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TRADE

Norway and UK strike post-Brexit trade deal

Norway and the United Kingdom have struck an agreement on a free trade deal, the Norwegian government announced on Friday.

Norway and UK strike post-Brexit trade deal
Erna Solberg outside 10 Downing Street in 2019. (Photo by LUDOVIC MARIN / POOL / AFP)

Negotiations over the agreement have been ongoing since last summer, and the Norwegian government said that the deal is the largest free trade agreement Norway has entered into, outside of the EEA agreement. 

“The agreement entails a continuation of all previous tariff preferences for seafood and improved market access for white fish, shrimp, and several other products,” the Ministry of Trade and Industry said in a statement.  

One of the sticking points of the negotiations was Norway wanting more access to sell seafood in the UK, while the UK wanted more access to sell agricultural products like cheese.

The latter was a problem due to Norway having import protection against agricultural goods. 

“This agreement secures Norwegian jobs and value creation and marks an important step forward in our relationship with the UK after Brexit. This is a long-term agreement, which at the same time helps to accelerate the Norwegian economy,” Prime Minister Erna Solberg said in a statement.  

 The United Kingdom is Norway’s second most important single market, after the EU. In 2020 Norwegian companies exported goods worth 135 billion kroner to the UK and imported around 42 billion kroner of goods from the UK. 

Norway has given Britain 26 quotas on agricultural products, but not for mutton and beef. The agreement does not increase the UK’s cheese quotas, state broadcaster NRK have reported. 

The agreement will still need to be signed by both the Norwegian and UK parliament. 

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