EU, U.S. begin talks on a free-trade agreement

EU, U.S. begin talks on a free-trade agreement

PanARMENIAN.Net - The European Union and the U.S. will begin formal talks on a free-trade agreement, paving the way for the biggest trade deal in history, according to BBC News.

European Commission President Jose Manuel Barroso made the joint announcement following President Barack Obama's State of the Union address.

A deal would bring down trading barriers between the two biggest economies in the world.EU-U.S. trade is worth around 455bn euros ($613bn) a year.

 Top stories
Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert.
On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.
Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
Partner news
---