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"Free Trade Agreement-Like Status" Could Be Reached Ahead Of VDL Trip

US-EU

Reuters reporting comments from a senior EU official stating that negotiations between the United States and European Union on a "free trade-like" agreement could be produce an agreement-in-principle ahead of European Commission President Ursula von der Leyen's US trip on March 10.

  • Per Reuters: "EU official says negotiations still ongoing, legal details would likely still have to be worked out."
  • "EU official says agreement in principle would allow European companies to qualify for incentives under US inflation reduction act for battery minerals."
  • "EU official says legally binding instrument would require approval by member states."
  • "EU official says an agreement could be reached in time for EU president von der Leyen's visit to Washington next week."
  • "Senior EU official say US, EU working toward agreement in principle on 'free trade agreement-like status.'"

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