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Setting global standards - together

There are opportunities to raise standards on product conformity, food safety and consumer protection in TTIP. Instead of a race to the bottom as is feared by some, the EU and US can work together now and in future to collaborate on high-quality benchmarks that will lead to better global standards that other traders will seek to meet and hopefully emulate.

The mandate for what a future TTIP agreement should include is clear – it will not lower labour, consumer and environmental standards. Businesses and consumers will benefit from regulatory cooperation on testing and conformity assessments, to name a few areas. Mutual recognition should only be considered for areas with equivalent protection levels.

Regulatory convergence across product sectors is not about lowest common denominator standards, but rather about reducing waste and inefficiencies to focus on what really matters – facilitating market access for safe and sustainable products and services.

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